Tag: industry consolidation
Former CEO Todd Skelton reflects on his career at Prime Automotive...
In the final quarter of 2021, Group 1 Automotive closed a deal to acquire nearly all of Prime Automotive’s assets. As we ushered in...
Kelly Automotive VP Chris Saraceno tackles industry consolidation, recruiting female employees,...
As COVID-19 restrictions are slowly lifted across the country, many dealers are turning to a new way to do business and recruitment doesn’t quite...
Mercedes-Benz of Atlanta South has been acquired by Jim Ellis Automotive...
Georgia-based Jim Ellis Automotive Group has acquired Mercedes-Benz of Atlanta South. The store was purchased on March 24 from Swickard Auto Group. Though terms...
NCADA President Robert Glaser on digital transactions, industry consolidation, and EVs
Major auto retailers like Lithia Motors and Sonic Automotive have continued to grow at a rapid pace, acquiring both large and small dealerships across...
Financially healthy dealers and OEMs signal hefty M&A activity for 2021
Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
Carvana, CDK Global, & CB Auto Group benefit from high consumer...
Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
Robust Q3 earnings and aggressive hiring for automakers signal industry resilience
Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...
Tekion makes a big splash in the DMS space and public...
Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps...