By C. Gregory Porter, CPA, Porter & Company This is the first is a series of columns by C. Gregory Porter. Recently there has been a lot of press about rising multiples and whether this... Read more
By Alysha Webb, Editor and Publisher Right of First Refusal. It is a clause written into most dealer agreements, but seldom exercised in the past. In recent years, however, the manufacturers... Read more
Sonic Automotive Inc. will use proceeds from selling several dealerships in Michigan to the Suburban Collection for acquisitions in the Sun Belt, where it already has a significant footprint... Read more
Penske Automotive Group Chairman Roger Penske said the publically-owned dealership groups don’t compete much for stores because they have different markets and focus on stores where th... Read more
By Alysha Webb, Editor and Publisher Publically-owned dealership groups are in the market this year if the franchise suits their strategic vision. While earnings are important, they aren’t e... Read more
By Carl Woodward, CPA, Woodward & Associates There are many existing dealers including public groups, large and smaller dealer groups, and individual dealers looking to buy additional ne... Read more