Manuel Prieto is growing a dealership group in the California Central Valley. He has made several acquisitions and aims to continue to expand. Right now, however, Prieto is giving all his at... Read more
By Monica Baumann, Scali Rasmussen In recent weeks two data breaches have made headlines across the country, once again drawing attention to the need for businesses to take steps to safeguar... Read more
By Joseph S. Aboyoun, Esq. and Sandy Cerami In spite of what is reported by some, buy-sell activity is down. This trend, coupled with a decline in the SAAR and, most importantly, profitabili... Read more
By John Werlhof and Dave Wiggins Under the tax reform rules passed in 2017, the deduction for net business interest expense was generally limited to 30% of a dealership’s adjusted tax... Read more
By Champ Rawls The automotive retail sector continues to be hot in the M&A industry. Larger groups are hungry to grow and therefore looking for strategic acquisitions. Smaller dealers a... Read more
Randy Haron just became dealer principal of a Volvo dealership in the central California city of Fresno. The franchise complements his other franchises. “Volvo is a great fit for someone who... Read more
When he worked at Peltier Subaru in Tyler, TX, Mike Terry earned the highest score on an “emotional IQ” test. That quality helped him rise from salesperson to general manager of a dealershi... Read more
By Kevin E. Timson, Esq., Bellavia Blatt, PC Prior to closing a dealership transaction, buyers should identify all the improper practices exhibited by staff that will need to be corrected. S... Read more
