By Alysha Webb, Editor and Publisher In 1995, the well-known McLarty family sold its nine-store dealership group to Asbury Automotive Group. A non-compete kept him from immediately starting... Read more
By Alysha Webb, Editor and Publisher The 2014 letter to shareholders from Warren Buffett’s Berkshire Hathaway shows that Buffett is not deaf to industry talk about the ability of a non-autom... Read more
New retail unit sales at AutoNation, the largest dealership group in the U.S., rose 8 percent compared to the same month in 2014 to 23,780 units, reports AutoNation here. Share this articleL... Read more
The Haddad Motor Group in Pittsfield, Mass. has acquired the Nissan franchise previously owned by Johnson Ford-Lincoln-Mercury, reports the Berkshire Eagle here. Nissan preferred the franchi... Read more
Famous investors George Soros and Warren Buffett both increased their stakes in General Motors this week, indicating they have confidence in the manufacturing side of the auto business. Buff... Read more
By Alysha Webb, Editor and Publisher Morrie Sage was a visionary. In the mid-1950s he became a minority holder in a Ford dealership in downtown Los Angeles. But Sage believed that, despite... Read more
Canada’s Steele Auto Group has acquired the Cole’s Autohaus Volkswagen dealership in Nova Scotia. Steel’s Auto Group is interested in acquiring more stores in Nova Scotia,... Read more
Balise Auto Group, which owns stores in Massachusetts and Rhode Island, has acquired Majestic Honda of Warwick, Rhode Island, the Warwick Post reports here: Share this articleLinkedinFaceboo... Read more
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