Profiles of selected dealerships
A few years ago, Todd Blue, chairman and CEO of IndiGO Auto Group in Houston, was thinking of acquiring more stores in the Houston area, or at least in Texas. Then a broker started talking w... Read more
Different franchise system, good manufacturer relations help Penske Auto Group’s European sales soar
By any measure, Penske Automotive Group Inc. had a good second quarter, including a 17.3 percent rise in operating income and a 7.5 percent rise in unit sales of new and used vehicles. One e... Read more
By Alysha Webb, Editor and Publisher When Brian Kelly acquired Thomas Ford in Beverly, Mass., it was the fulfillment of a 30-year old wish, said Kelly, president of Kelly Auto Group. He want... Read more
By Alysha Webb, Editor and Publisher When the market downturn hit in 2008, Tom’s Truck Center didn’t suffer the way many dealerships did. Indeed, the business, which includes truck and car d... Read more
A few months ago, Auto Spot Guam acquired the rights to the Buick GMC franchise on the Micronesian island. Landing the brands was the result of several years of lobbying by her son Derrick,... Read more
In early June, the O’Steen Automotive Group of Jacksonville, Florida acquired two franchises from Pipkin Motors in Georgia. That doubled the number of dealerships the O’Steen family owns. Th... Read more
If you prove you can turn around a poorly-performing dealership, will the manufacturers be more likely to turn to you when they want to oust a dealership’s owner? Mark Rikess is betting they... Read more
Around 2000, Red McCombs, famous Texas business man and the founder and owner of Red McCombs Automotive Group, proved he has excellent foresight. McCombs, now 87, called a meeting at the San... Read more
