Mario Hernandez, owner of the BVMH Auto Group, recently acquired Honda and Toyota franchises in The Dalles, OR from David Griffith. Even though Griffith knew Hernandez well, he nonetheless d... Read more
By George M. Taylor, III, Burr & Forman Many dealership lawyers tend to represent what is commonly referred to as “serial acquirers,” that is, existing dealers who repeatedly purchase ad... Read more
New car sales may be slowing, but dealerships are still making money if first quarter results from several of the publics are any measure. Lithia and Asbury both had net income gains on the... Read more
Publicly-listed Lithia Motors Inc. reported net income up eight percent on-year in the first quarter on the back of strong finance and insurance, body, parts and service, and used car operat... Read more
Publicly-listed Asbury Automotive Group Inc. saw net income rise two percent on-year in the first quarter, helped by strong finance and insurance, parts and service, and used car operations,... Read more
Scott Biehl has acquired majority ownership and become dealer principal of Mercedes-Benz of Fresno after buying out his partner Ray Beshoff, reports The Business Journal. Share this articleL... Read more
Wally Brandjord and Daniel Kersten have acquired the Ripplinger Motors Chevrolet Buick new car dealership in Harvey, ND and the Theel Motors dealership in Rolla, ND, reports kxnet.com. Share... Read more
Online used car shopping platform Shift, which partners with Lithia Motors, has begun offering multi-car test drives at a few locations, and had added a trade-in platform to its offerings, r... Read more
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