By Paul Stern – Founder, Liftnow Since as early as the 1950’s, the term absorption rate has been used in many different ways, with different groups of people and experts, changing the... Read more
By J. Michael Issa, GlassRatner Advisory & Capital Group LLC Although many dealers are enjoying record profits and are optimistic about the future, there may be storm clouds on the horiz... Read more
By Kenneth R. Rosenfield, CPA Almost all our dealership clients are making good money in challenging economic times. But what parts and inner workings of earning a healthy bottom line need t... Read more
Wadette Bradford is a “gearhead”. As a high school student in Tuskegee, Ala., she took an advanced mechanics class as her elective. And in English class? “I would always write my essays abou... Read more
By Don E. Ray, Portfolio When I’m working with auto dealers to evaluate a potential dealership acquisition, I always evaluate the performance of each dealership department. While evaluating... Read more
Most dealership acquisitions occur because someone sees potential to grow that store’s business. In the case of his acquisition of Grand Prize Chevrolet, however, Arnaldo Bomnin was looking... Read more
By Alysha Webb, Editor & Publisher Dealers are likely looking at the flat or declining sales forecast for this year and figuring out how they will make up for that loss of new car sales... Read more
By Kenneth R. Rosenfield, CPA Is analyzing the back end of a dealership an important aspect of determining whether or not you will acquire a dealership? It could very well be the make or bre... Read more
