Dealership groups expand through acquisition or, less frequently, by obtaining an open point from a manufacturer. After initially growing through acquisition, Friendly Automotive Group in Ne... Read more
By Jason T. Allen, Bass Sox & Mercer Manufacturer activity in the add-point and relocation area continues to be strong. General Motors, Honda, FCA, Nissan, Hyundai and others remain act... Read more
By Alysha Webb, editor and publisher To celebrate its recent grand opening, there were three days of events at Marty’s Chevrolet. They included serving local fare such as lobster rolls and c... Read more
As the daughter of H. Carter Myers III, Liza Borches has been in or around auto dealerships her entire life. Her father, a former chairman of the National Automotive Dealers Association, was... Read more
By Leonard A. Bellavia, Esq., Senior Partner, Bellavia Blatt & Crossett, P.C. A recent article published by Automotive News about incentives Nissan pays “favored” dealers to acquire deal... Read more
About a month ago, Baker Motor Company of Charleston, S.C. acquired a BMW dealership in Wilmington, N.C. The group’s owner, Tommy Baker, is spending a lot of time at the new dealership now g... 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
By Joseph S. Aboyoun, Esq. You’ve likely heard great stories about the dealer (sometimes your competitor) who received a new “point”, and how it became a tremendous success. You were envious... Read more
