Montana auto dealer John Soares tried to steer his son away from the retail auto business. So, Jacob, his son, dutifully acquired two college degrees, in mechanical engineering and finance a... Read more
By Nate Allphin, Eide Bailly LLP When you look at the industry as a whole, the pressures facing dealerships are coming from multiple angles. The main sources? New technologies and industry... Read more
Lack of a successor is one of the main factors driving the dealership buy sell market these days. Dealers’ kids just don’t want to go into the family business; they prefer a career that does... Read more
The overall industry score for automakers in J.D.Power’s 2019 Initial Quality Study was flat but Korean brands led the way, reported JD Power in a press release. Share this articleLink... Read more
The Burlington Auto Group, with dealerships in New Jersey and Pennsylvania, has acquired the Chevrolet 21 dealership in Bethlehem, PA and changed the name to Raceway Chevrolet of Bethlehem,... Read more
AutoNation Mazda and a Volkswagen dealership owned by Holman Automotive Group, both located in the Roseville Auto Mall in Roseville, CA, have closed, reports kcra.com. Share this articleLink... Read more
Motor Imports, a premium dealership group in San Antonio, TX, has relocated its Jaguar store to nearby Boerne, TX and added a Land Rover franchise at the new location, reports mysanantonio.c... Read more
Publicly-listed Automotive Properties Real Estate Investment Trust (APR-UN.TO) of Canada has agreed to acquire three automotive dealership properties from AutoCanada Inc. (ACQ.TO) for a tota... Read more
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