For 12 years, CBT News has been the auto industry's
#1 source for auto industry news, content, coaching & analysis
Home Tags Mergers and acquisitions

Tag: mergers and acquisitions

Ed Morse Automotive Group is headquartered in Delray Beach, Florida with dealerships in Florida, Texas, Iowa, Missouri, Illinois, Colorado, and Oklahoma.

Ed Morse Automotive Group acquires three dealerships in Texas

0
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 has acquired Mercedes-Benz of Richmond and Mercedes-Benz of Midlothian, in the greater Richmond, Virginia area.

Murgado Automotive Group acquires two Mercedes-Benz stores in Virginia

0
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...
Dive into automotive dealership buy/sell trends influenced by economy & laws. Discover the power of data in acquisition strategies.

The unquestioned data advantage in the dealership buy/sell equation

0
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, operated by Patrick O’Brien, has added Firelands Honda, to their growing group of Ohio-based stores.

Firelands Auto Group acquires Victory Honda of Sandusky

0
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,...
McGeorge Toyota was part of the McGeorge Family of Dealerships, which has been in business for more than 60 years.

High-volume Virginia dealership McGeorge Toyota sells to Graham Ourisman Automotive

0
Dealer Rod McGeorge has sold McGeorge Toyota, the number four volume franchise dealer in the state of Virginia, to Graham Ourisman Automotive. Haig Partners...
TN dealerships sold after owners' passings, Vernon Krause acquires Sutherlin Hyundai, and Zeigler Automotive secures two Subaru stores.

Four dealerships sell in Tennessee, Zeigler Automotive purchases two Subaru stores

0
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 announced that it intends to enter a strategic partnership with Pinewood Technologies and acquire divisions of Pendragon plc.

Lithia Motors acquires more U.K.-based dealerships, enters new DMS partnership

0
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...

0
Earlier this week: Asbury Automotive Group expanded its reach with the landmark acquisition of Jim Koons Automotive, which included 29 car brands across 20...
Ford F-150 Lightning

Weekly roundup: Ford Lightning dominates EV pickup market, Anderson Automotive expands

0
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...
A dealership evaluation is a preventive exercise that allows you to analyze the areas of improvement and the good practices of your dealership.

Why wait? How evaluating your dealership can help your business

0
We all know someone who waited until the last minute to get a service they needed: car insurance, that warrantee on their largest appliance,...