By Paul McGovern, CPA, Managing Partner, Downey & Company You may be reading about how hot the buy sell business is right now, but many of those deals involve large dealership groups. Me... Read more
By James Hendricks, attorney, Litchfield Cavo LLP After the Great Recession of 2008, dealers who got involved in Asset Purchase Agreements may have unwittingly discovered that union issues p... Read more
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 Mark Johnson, President, MD Johnson, Inc. The entry of Berkshire Hathaway into the automotive buy sell world has shone a bright light on the dealership world and ignited a frenzy of specu... Read more
Get ready for a lot of reading this week because both of our contributors had a lot to say on their subjects. First, Mark Johnson, who advises dealerships on buy sell deals, weighs in on a h... Read more
The number of dealerships in the U.S. rose by only 0.6 percent in 2014 to 17,953 rooftops, according to Urban Science’s just-released Automotive Franchise Activity Report. Just because new d... 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
