Joe Hidy said there has been a lot of interest in his four dealerships and his family is considering selling.  Hidy Motors includes Acura, Ford, Honda, and Hyundai stores.   http://www.... Read more

AutoCanada has acquired Toronto Dodge Chrysler Ltd.. Paul Stern was the previous owner of the dealership.  He had owned the store since 1986 and will remain Dealer Principal. AutoCanada Inc.... Read more

  Experience Auto Group of Long Island, NY has acquired Porsche of South Shore in Freeport, NY. Stuart Hayim, founder of the Experience Auto Group, stated in a press release: “This is very e... Read more

First Motor Group, the new vehicle division of Los Angeles-based Trophy Auto Dealership Group, has acquired Mercedes-Benz of Encino. This is the TADG’s first U.S. acquisition.   h... Read more

Asbury Automotive Group CEO Craig Monaghan says over the next 18 months his groups aims to buy stores that add $500 million in revenue.  Publicly-owned Asbury is the nation’s 7th large... Read more

Balise Motor Sales of Fairfield, Mass. has acquired Fairfield Hyundai,  its first store in Connecticut. This is the third Hyundai store for Balise Motor. http://www.fairfield-sun.com/26731/b... Read more

Group 1 Automotive CEO Earl Hesterberg said in a conference call regarding third quarter earnings that he didn’t see opportunities for acquisitions right now because of high prices. Bu... Read more

The White Family Company, Dayton-area White-Allen’s parent company, has signed a deal to obtain two undisclosed dealerships in Colorado. Currently, the group owns dealerships in Ohio,... Read more