By Kenneth R. Rosenfield, CPA Looking at acquiring a dealership that is losing money and not meeting its sales expectations? Think it will be a bargain? You need to dig deeper. Why is the de... Read more
Early this month, the Jeff Wyler Automotive Family closed on its acquisition of Mercedes-Benz of Fort Mitchell. It is the first foreign luxury brand for the dealership group based in Cincinn... Read more
By Thomas England and Rob Zurinskas, DHG As dealerships expand, the logistical and operational complexities of processes such as accounts payable, accounts receivable, cash flow, billing, an... Read more
In late August, Hodges Management Group closed on a deal to acquire Mike Murphy Ford in Darien, GA. It was the second new car dealership for the Group, which also owns two used-car businesse... Read more
By Ira Silver, CPA, CGMA In 2016, thanks to a rebounding and robust economy, the auto industry saw its seventh straight year of record sales in the U.S. with 17.55 million purchases in all.... Read more
By Leonard A. Bellavia, Esq., Bellavia Blatt & Crossett, P.C. Our auto dealer clients are being told that the retail landscape as they know it is about to radically change with the adven... Read more
By Burl Haigwood, Business Performance Consultant, Evolve Performance Group Two years ago, I joined the crusade to help business owners, CEOs, CFOs, and CHROs (i.e., CXOs) discover the busin... Read more
Prime Motor Group recently acquired Volvo of Southborough in Massachusetts. It is the beginning of an expansion strategy for the New England-based dealership group, a strategy greatly aided... Read more
