Tag: mergers and acquisitions
Ed Morse Automotive Group acquires three dealerships in Texas
The Ed Morse Automotive Group announced today that it has acquired three dealerships in Fairfield, Texas. The dealerships were purchased from Foundation Automotive Corp.
The...
Murgado Automotive Group acquires two Mercedes-Benz stores in Virginia
Murgado Automotive Group has acquired Mercedes-Benz of Richmond and Mercedes-Benz of Midlothian, located in the greater Richmond, Virginia area, from Rod McGeorge. This announcement...
The unquestioned data advantage in the dealership buy/sell equation
Changes in the dealership buy/sell landscape are ever evolving. The economy, dealership performance, geographical differences, and new bills, laws and regulations all factor into...
Firelands Auto Group acquires Victory Honda of Sandusky
Victory Honda of Sandusky, previously owned by Victory Automotive Group, has been sold to Firelands Auto Group. Firelands Auto Group, operated by Patrick O’Brien,...
High-volume Virginia dealership McGeorge Toyota sells to Graham Ourisman Automotive
Dealer Rod McGeorge has sold McGeorge Toyota, the number four volume franchise dealer in the state of Virginia, to Graham Ourisman Automotive. Haig Partners...
Four dealerships sell in Tennessee, Zeigler Automotive purchases two Subaru stores
In the ever-changing world of car sales, dealership mergers and acquisitions aren't just business as usual—they're game changers. Driven by shifts in market demands,...
Lithia Motors acquires more U.K.-based dealerships, enters new DMS partnership
On Monday, September 18, Lithia Motors announced that it intends to enter a strategic partnership with Pinewood Technologies and acquire the UK motor and...
Weekly roundup: Asbury acquires Jim Koons dealerships, Toyota’s Tri-Gen power, Ford’s...
Earlier this week: Asbury Automotive Group expanded its reach with the landmark acquisition of Jim Koons Automotive, which included 29 car brands across 20...
Weekly roundup: Ford Lightning dominates EV pickup market, Anderson Automotive expands
Earlier this week: The Ford Lightning leads in EV market interest, outdoing Tesla's Cybertruck, says Cox Automotive. Las Vegas dealer Jim Marsh encountered a...
Why wait? How evaluating your dealership can help your business
We all know someone who waited until the last minute to get a service they needed: car insurance, that warrantee on their largest appliance,...