TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%
TSLA391.060-3.4%
GM77.7200.08%
F14.1800%
RIVN17.090-0.71%
CYD44.720-1.15%
HMC28.7700.88%
TM179.7602.84%
CVNA70.6400.05%
PAG204.7504.35%
LAD339.1607.79%
AN209.0005.46%
GPI331.65012.25%
ABG226.6608.23%
SAH102.8103.08%


M&A

Holman, a leading global automotive services provider, has acquired Leith Automotive Group, headquartered in North Carolina.

Holman acquires Leith Automotive Group in its biggest retail acquisition yet

- March 20, 2024
Holman, a leading global automotive services provider, has acquired Leith Automotive Group, headquartered in North Carolina. This marks Holman's biggest retail acquisition in its 100-year history and almost doubles its...
Headlines Daily Automotive News
Group 1 Automotive announced the acquisition of Modern Classic Motors in Hilton Head, South Carolina adding $140 million in revenue.

Group 1 expands with Modern Classic Motors acquisition in South Carolina

- March 12, 2024
On March 11, Group 1 Automotive, one of the nation's leading auto retailers, announced the acquisition of Modern Classic Motors in Hilton Head, South Carolina.  The transaction includes three franchises, all...
Headlines Daily Automotive News
Ken Ganley and Doggett Automotive Group expand their dealership portfolios in Ohio and Texas, while Eve Knudtsen acquires in Washington.

Dealership M&A roundup: Ken Ganley expands in Cleveland, Group 1 sells 6 Texas stores

- March 6, 2024
Ken Ganley Automotive Group has expanded its portfolio in Cleveland, Ohio, after buying Bob Gillingham Ford, now known as Ken Ganley Ford Parma, and two more luxury dealerships. Meanwhile, the...
Daily Automotive News Articles
MileOne Autogroup has acquired Koons Wilmington Lexus less than three months after the storefront was purchased by Asbury Automotive.

MileOne acquires Koons Wilmington Lexus from Asbury Automotive

- March 5, 2024
MileOne Autogroup purchased a Delaware Lexus dealership from Asbury Automotive just months after the seller acquired the storefront from the Jim Koons group. The transaction for Koons Wilmington Lexus was finalized...
Articles Daily Automotive News
Willie Beck joins CBT Now to share his insights into the 2024 buy/sell market and why some dealers are taking a chance on refinancing.

How dealers are navigating interest rates on their quest for acquisitions — Willie Beck | Bel Air Partners

- February 28, 2024
The dealership buy/sell market remains active in 2024, with major acquisitions arriving every week. But with economic factors, such as interest rates and inflation, making it increasingly difficult to predict...
Featured Daily Automotive News
The acquisition by Lithia Motors, set to close within the next six to eight weeks, represents a pivotal moment for Carousel Motor Group.

Lithia Motors buys Carousel Motor Group in 9-store deal

- February 27, 2024
The Pohlad family has decided to part ways with Carousel Motor Group, a company it founded 15 years ago. Lithia Motors will scoop up the dealerships and expand its footprint...
Daily Automotive News Articles
Group 1 owns and runs 200 car dealerships, 262 franchises, and 43 collision centers in the U.S. and the U.K.

Group 1 acquires 2 high-volume Lexus stores in California

- February 27, 2024
Group 1 Automotive, one of the nation's largest and top-selling automotive retailers, announced the acquisition of Newport Lexus and Tustin Lexus from Wilson Automotive. The two high-performing Lexus dealerships are in...
Daily Automotive News Articles
Group 1 owns and operates 198 automotive dealerships, 262 franchises, and 43 collision centers in the United States and the United Kingdom.

Group 1 Automotive supercharges Mid-Atlantic footprint with latest acquisition

- February 14, 2024
Group 1 Automotive, one of the nation's largest auto retailing groups, announced today that it is expanding its U.S. portfolio in the greater Baltimore/Washington D.C. area, according to a press...
Headlines Daily Automotive News
Serra Automotive is set to buy the Bill Marsh Auto Group later this year, marking one of the most high-profile acquisitions in the industry.

Why dealership groups are prioritizing M&A in 2024 — Joe Serra, Matt Serra | Serra Automotive

- February 12, 2024
Serra Automotive, ranked number 12 out of the top dealership groups in the U.S. and number 6 out of the top privately held groups, is set to close on its...
Featured Management & Leadership
Todd Berko joins Driving Solutions to offer an insider perspective into the dealership M&A market and how valuations are critical to success.

A closer look at the dealership M&A valuations process — Todd Berko | Bel Air Partners

- February 8, 2024
The dealership M&A (mergers and acquisitions) market can be confusing to navigate. Knowing the technical aspects of valuations and buy-sell transactions is crucial to obtaining a good deal for your...
Featured Driving Solutions


Latest Articles

Ford files patent for smart tool tracking system in vehicles
Latest Articles 07/16/26

Ford files patent for smart tool tracking system in vehicles

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy
Latest Articles 07/16/26

Stellantis revives supplier program, JD Power sees transparency gains, Hyundai expands robotics strategy

Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce
Latest Articles 07/16/26

Bosch announces $225 million direct funding agreement with the U.S. Department of Commerce

Stellantis to prioritize four core brands in turnaround strategy, sources say The automaker plans to shift funding toward Jeep, Ram, Peugeot, and Fiat while maintaining its broader portfolio. On the Dash: Expect increased product investment and marketing support for Jeep, Ram, Peugeot and Fiat. Regional and niche brands may see reduced volume but more targeted positioning and shared platforms. Platform-sharing and rebadging strategies could affect inventory mix and model differentiation. Stellantis will concentrate most of its investment on four core brands as CEO Antonio Filosa pushes a turnaround strategy set for release May 21, according to a Reuters exclusive. The automaker has identified Jeep, Ram, Peugeot, and Fiat as its priority brands. It will allocate a “material increase” in funding to them, driven by their stronger global sales and profitability, marking a shift away from the company’s previous approach of distributing investment more evenly across its portfolio. Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox. Stellantis will retain its 14-brand lineup, the largest in the industry, and will not shut down underperforming marques. Instead, the company will reposition secondary brands such as Citroën, Opel and Alfa Romeo to operate in regional or niche roles. These brands will rely on shared platforms and technology developed by the core brands while maintaining distinct styling and market identity. The strategy comes as Stellantis works to regain market share in the United States and Europe while facing growing competition from Chinese EV makers. The company earlier reported a 22.2 billion-euro charge tied to scaling back its EV plans, underscoring the urgency of the strategic shift. Its market valuation has also declined significantly in recent months. To support the transition, Stellantis will expand its use of shared “multi-energy” platforms that support electric, hybrid and internal combustion (ICE) vehicles. Additionally, the company is evaluating rebadging strategies and joint development programs, including collaborations with its Chinese partner, Leapmotor. Executives and investors backing the plan expect the increased focus on core brands to improve efficiency and strengthen financial performance. Analysts say Stellantis could still consider further consolidation if results fall short of expectations. Meta description (140 characters) Stellantis to boost funding for Jeep, Ram, Peugeot and Fiat, shifting strategy while maintaining its 14-brand global portfolio.
Latest Articles 07/16/26

Stellantis revives supplier rewards program to drive cost savings

Pricing transparency raises OEM website satisfaction, JD Power finds
Latest Articles 07/16/26

Pricing transparency raises OEM website satisfaction, JD Power finds

Hyundai takes full control of Boston Dynamics as robotics strategy accelerates
Latest Articles 07/16/26

Hyundai takes full control of Boston Dynamics as robotics strategy accelerates

Mitsubishi expands Texas port operations to speed dealer deliveries
Latest Articles 07/16/26

Mitsubishi expands Texas port operations to speed dealer deliveries

The AI platform capturing $10,000 a month in after-hours dealer revenue
Latest Articles 07/16/26

The AI platform capturing $10,000 a month in after-hours dealer revenue

Fighting payment anxiety in the F&I office with empathy and value
Latest Articles 07/16/26

Fighting payment anxiety in the F&I office with empathy and value

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors
Latest Articles 07/15/26

Mexico targets USMCA tariffs, Volkswagen expands affordable EVs, Lucid denies bankruptcy rumors


CBT News
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.