TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%


M&A

Bob Morris

Automotive M&A market: What dealers must watch for this year — Bob Morris

- February 8, 2023
The pace of dealership consolidations quickened in 2022, a trend likely to continue this year, making it more important than ever for store owners to closely follow mergers and acquisitions...
Vehlo acquires Velocity Automotive

Vehlo acquires Velocity Automotive to expand suite of vehicle reconditioning software

- February 1, 2023
Software can help remove barriers to dealership success, but, given the multitude of products on the market, store owners need a place where they can find the services they need...

DSMA CEO Farid Ahmad shares his insights on dealership mergers and acquisitions

- February 1, 2023
The pace of dealership buy/sell transactions has picked up speed since COVID, making it difficult for store owners to keep their fingers on the pulse of the market. Recently, at...
Ryan Kerrigan, Managing Director of Kerrigan Advisors

What does the future hold for the buy/sell market? Ryan Kerrigan weighs in

- January 25, 2023
75% of the dealers questioned by the latest Kerrigan Dealer Survey anticipate that dealership earnings will remain at their present high levels or reach new highs in 2023. Today on CBT...

2023 buy/sell trends to watch: Will things go back to normal this year?

- January 23, 2023
Car dealers are anxious to hear more about 2023 market trends. Bob Morris is the director of the Southeast Region for the Tim Lamb Group, one of the nation's largest...
Feldman

Dealer Jay Feldman brings first standalone Jeep dealership to Michigan

- January 17, 2023
In December of last year, Feldman Automotive Group, a partnership founded in collaboration with actor Mark Wahlberg, celebrated the grand opening of their 19th dealership; the first freestanding Jeep dealership...
dealership M&As

How dealership mergers and acquisitions will change in 2023 — Farid Ahmad

- January 17, 2023
The rate of dealership mergers and acquisitions continued to escalate in 2022, with news of buyouts and consolidations arriving nearly every week. The changing market poses a multitude of questions...
after-sale

AutoNation to expand after-sale products with RepairSmith purchase

- December 14, 2022
On Monday, one of the country’s largest automotive retailers, AutoNation, announced the acquisition of maintenance company RepairSmith to boost its after-sale options. The purchase is expected to cost the dealership network...
AutoNation

AutoNation To Expand After-Sales Business with Acquisition of RepairSmith

- December 12, 2022
Fort Lauderdale, FL December 12, 2022 — AutoNation, Inc. (NYSE: AN), America's largest and most admired automotive retailer, today announced it has entered into an agreement to acquire RepairSmith, a full-service mobile solution...
Automotive Ventures EVs startups connected car Buick CES

Stellantis speeds towards ‘agency model’ for European dealer network

- December 2, 2022
Welcome to this episode 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...


CBT News
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