A few years ago, Todd Blue, chairman and CEO of IndiGO Auto Group in Houston, was thinking of acquiring more stores in the Houston area, or at least in Texas. Then a broker started talking w... Read more
By Alysha Webb, Editor and Publisher Charles Fenwick Jr. just agreed to sell his family dealership group, Valley Motors Group, to AutoNation Inc. There were several reasons the family decid... Read more
Different franchise system, good manufacturer relations help Penske Auto Group’s European sales soar
By any measure, Penske Automotive Group Inc. had a good second quarter, including a 17.3 percent rise in operating income and a 7.5 percent rise in unit sales of new and used vehicles. One e... Read more
By Mark D Johnson; President of MD Johnson, Inc. What could be better than this if you are a dealer looking to buy dealerships, and a manufacturer looking to get the right dealer in place? Y... Read more
By The Scali Law Firm, contributing authors Robert D. Daniels and Gus N. Paras Real estate title issues are of major concern in any real estate sale transaction. This article provides a basi... Read more
By Alysha Webb, Editor and Publisher When Brian Kelly acquired Thomas Ford in Beverly, Mass., it was the fulfillment of a 30-year old wish, said Kelly, president of Kelly Auto Group. He want... Read more
By Alysha Webb, Editor and Publisher Mitsubishi Motors in late July announced it would cease production at its plant in Normal, Ill. The automaker naturally said it remains committed to its... Read more
By Erin K. Tenner, attorney Auto dealers are the ultimate negotiators, but what applies in negotiating for the sale of a car may or may not hold true when negotiating a buy/sell. Here are s... Read more
