Last year, Dealers Solutions North America contracted with the Schulich School of Business at York University in Ontario to perform an analysis of the U.S. retail automotive market and asses... Read more
By Kenneth R. Rosenfield, CPA How do you find the hidden gems or various stages of cancer when conducting due diligence in dealership acquisitions? Where do such items hide and can they be f... Read more
“Buy your car from a dealer, without visiting the dealer,” proclaims the Joydrive home page. Visiting a dealership is widely considered the most unappetizing step in a vehicle purchase. Star... Read more
It’s no secret that auto dealerships are under a lot of pressure these days. Shrinking margins on new car sales mean dealers must look to other areas to make money. At the same time, new bus... Read more
The Starling Automotive Group of Florida just acquired a Chevrolet store in South Carolina. Make that another Chevrolet store. The Group now owns four Chevy franchises. The stores will compl... Read more
By Matthew A. Brown, CPA; Natalie A. Frenier, CPA; and Joseph A. Magyar, CPA At the end of 2017, President Donald Trump signed into law some of the most comprehensive tax changes enacted in... Read more
By R. Scott Mahl, US Bank Having a strong relationship with your financial partner and including it in an acquisition process early on is vital to increasing the chances that the deal is com... Read more
By Leonard A. Bellavia, Esq., Bellavia Blatt, PC Covenants restricting a seller’s ability to compete against the buyer after closing are key provisions for protecting an auto dealership’s go... Read more
