Monday, December 6, 2021
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Kelly Automotive

Kelly Automotive VP Chris Saraceno tackles industry consolidation, recruiting female...

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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 look the same. On today’s show, we’re pleased to welcome Chris Saraceno, Vice President and Partner of Kelly Automotive Group and he’s also the best selling author of The Theory of […]
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Mercedes-Benz of Atlanta South

Mercedes-Benz of Atlanta South has been acquired by Jim Ellis...

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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 were not disclosed, Jim Ellis plans to keep the dealership’s name.  “It’s a rare and incredible opportunity to not only have acquired this Mercedes-Benz dealership, but to also have done so […]
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NCADA President Robert Glaser on digital transactions, industry consolidation, and...

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Major auto retailers like Lithia Motors and Sonic Automotive have continued to grow at a rapid pace, acquiring both large and small dealerships across the country. We recently spoke with Robert Glaser, President of the North Carolina Automobile Dealers Association about the growth of major retailers and how it impacts local dealers. Is the future […]
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dealers

Financially healthy dealers and OEMs signal hefty M&A activity for...

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Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. The COVID-19 pandemic, coupled with a contentious U.S. presidential election, made 2020 a year of uncertainty, an environment, equity markets generally […]
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auto

Carvana, CDK Global, & CB Auto Group benefit from high...

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Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. At the beginning of the pandemic, companies were suffering through a ‘COVID Discount’, due to the retraction of the economy, the […]
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auto

Robust Q3 earnings and aggressive hiring for automakers signal industry...

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Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. Q3 Earnings We’re in the middle of the Q3 earnings season, and the strong performance from automotive stocks continues to illustrate […]
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auto

Tekion makes a big splash in the DMS space and...

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Welcome to another edition of The Friday 5 with Steve Greenfield, Founder and CEO of Automotive Ventures, an auto technology advisory firm that helps entrepreneurs raise money and maximize the value of their companies. Public Group Reporting We’ve entered Q3 earnings call season, and the public dealer groups are announcing incredible profitability. Who would have […]
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