Sales per dealership hit a record of 941 units in 2014 based on vehicle sales of 16.5 million, said Urban Science in its Automotive Franchise Activity Report. The number of rooftops increas... Read more
The South has become a popular spot for import brands to have plants and Jaguar Land Rover is eyeing it, too, Automotive News said in this Bloomberg story here: Share this articleLinkedinFac... Read more
Publicly-listed Asbury Automotive Group saw revenue rise 9 percent in October through December to $1.5 billion. Full-year revenue for 2014 rose 10 percent to $5.9 billion. In the fourth qua... Read more
General Motors, Fiat Chrysler, Ford, Honda, Toyota, and Nissan all posted January sales gains of more than 12 percent. GM led the pack with an 18 percent increase, Automotive News reported h... Read more
New car transaction prices in January rose more than five percent compared to January 2014 to $33,993 Kelley Blue Book reported here: Share this articleLinkedinFacebookTwitter Read more
Publicly-listed AutoNation, the world’s largest dealership group, reported fourth quarter revenue of $5.0 billion, up 12 percent on-year. The premium luxury segment led with income of... Read more
Rick Ford, president of RFJ Auto Partners Inc. in Plano, Tex., found private equity investors to fund his dream of owning his own dealership group, reports Automotive News here: Share this a... Read more
From accounting firms to advisory firms, participants across the buy sell world are getting interest from new kinds of investors. But not all new investors are equal in the eyes of the manuf... Read more