By Don Ray, Portfolio Reinsurance A few years ago I had the pleasure of attending a conference called “The Art of the Deal” sponsored by Car Dealer Insider. While I get a chance to attend a... Read more
By Leonard A. Bellavia, senior partner at Bellavia Blatt & Crossett P.C. With their collective fortunes turning as the industry continues to recover from the recent recession, many manuf... Read more
By Joseph S. Aboyoun, Esquire, partner, Aboyoun & Heller The acquisition of a dealership is a challenge in its own right. To couple such a deal with a partnership can be even more challe... Read more
Lee Schreiber grew up working in dealerships. But he had never owned his own until this month, when he acquired Sterling Chevrolet in Illinois. Schreiber is hitting the ground running. One o... Read more
Dan DeVos worked in the family business for 20 years before he caught the car sales bug. His father was co-founder of Amway, the huge health and beauty product marketing company and he was w... Read more
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
By Alysha Webb, Editor and Publisher Charles Fenwick Jr. just agreed to sell his family dealership group, Valley Motors Group, to AutoNation Inc. There were several reasons the family decid... 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
