May 2019 - Page 4 of 5 - Automotive Buy Sell Report

Strategic buy sells and credible valuation for a dealership’s real estate

Posted By: Alysha Webbon: May 15, 2019In: Editors Corner

I read this week of the problems AutoCanada is having with its March 2018 acquisition of the nine-dealership Grossigner Auto Group. It seems that the acquisition cost was substantially highe... Read more

Russ Darrow Auto Group acquires Mazda dealership in Wisconsin, plans new facility

Posted By: Alysha Webbon: May 15, 2019In: Transaction News

The Russ Darrow Automotive Group of Wisconsin has acquired a Mazda franchise in the Madison market from Don Miller and will build a new facility for the dealership, reports Wisconsin State J... Read more

Lithia Motors acquires Honda auto dealership in New Jersey

Posted By: Alysha Webbon: May 15, 2019In: Transaction News

Publicly-listed Lithia Motors Inc. has acquired Hamilton Honda in Hamilton Township, NJ. The store had revenue of $160 million in 2018, Lithia said in a press release. Share this articleLink... Read more

O’Neill Auto Group in Canada acquires Acura dealership in Newfoundland

Posted By: Alysha Webbon: May 14, 2019In: Transaction News

The O’Neill Automotive Group of Newfoundland, Canada, has acquired the Tucker Acura dealership in Mount Pearl, NL from Steele Auto Group, reports VOCM. Share this articleLinkedinFacebo... Read more

Boyer Auto Group of Canada acquires Ford Lincoln dealership in Ontario

Posted By: Alysha Webbon: May 13, 2019In: Transaction News

The Boyer Auto Group in Ontario, Canada has acquired Country Ford Lincoln in Bobcaygeon, ON from the Ffun Motor Group. Dealer Solutions Mergers and Acquisitions advised the seller and provid... Read more

AutoCanada’s Grossinger dealership acquisition facing more troubles

Posted By: Alysha Webbon: May 13, 2019In: Related News

AutoCanada’s acquisition of the nine-store Grossinger auto group in Illinois is running into problems as operating costs are much higher than anticipated, reports Automotive News Canad... Read more

Auto retailers’ adaptations to changing consumer expectation are digitally-driven

Posted By: Alysha Webbon: May 08, 2019In: Contributors

By Alysha Webb, Editor and Publisher Where the car-buying process is concerned, “disruption is here,” Dean Evans, chief marketing officer at Hyundai Motor America told a jam-packed room at l... Read more

Gap Insurance and the Military Lending Act – The Challenge Remains

Posted By: Ashlie Nutteron: May 08, 2019In: Contributors

By Ashlie Nutter, CPA/ABV/CFF, manager in the Audit Department at MBAF Members of our military make sacrifices every day while serving our nation and protecting our freedoms. In recognition... Read more

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JAMOC LLC acquires Chrysler Dodge Jeep Ram auto dealership in California

Melvin Cooper acquires Mid Bay Chrysler Dodge Jeep Ram auto dealership in California

Melvin Cooper acquires Mid Bay Ford Lincoln dealership in California

Moving beyond “Good Enough” business performance

What justifies massive multiples for luxury auto dealerships?

The Park Place Dealerships sale may herald changes in buy sell market, says The Presidio Group

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