By Alysha Webb, Editor Darell Gallegos just became dealer principal of Farm Country Ford Kawasaki in Concordia, KS. Owning a dealership is a goal he has working towards for years. “I have al... Read more
By Joan B. Kaye, Senior Vice President and Relationship Manager, Key Private Bank With external dynamics like tax reform and the rise of socially responsible investing shifting the philanthr... Read more
By Kendall Rawls No stranger to change and uncertainty, auto dealers have a reputation for being pioneers when having to be agile in the ways of doing business on the highways of change. One... Read more
By Joan B. Kaye, Senior Vice President and Relationship Manager, Key Private Bank The 2017 tax bill, also known as the Tax Cuts and Jobs Act (TCIA), shifted Tax Code as we know it. Auto deal... Read more
By Kenneth R. Rosenfield, CPA In the very recent past, we have spent significant time with our clients both small and gigantic to review, discuss and advise on the option to sell the dealers... Read more
Mario Hernandez, owner of the BVMH Auto Group, recently acquired Honda and Toyota franchises in The Dalles, OR from David Griffith. Even though Griffith knew Hernandez well, he nonetheless d... Read more
New kinds of capital have been entering the dealership M&A world for several years now. Most involve some form of private equity. Open Road Capital LLC is one such group. Its founders sa... Read more
By Hugh Roberts, The Rawls Group In the 37 years I’ve worked with car dealers and their attorneys to develop estate plans, I’ve never heard anyone say, “my goal is to pay more taxes, create... Read more
