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

Krause Auto Group has acquired three dealerships from Sutherlin Automotive in a landmark deal, totaling over $110 million.

Krause Auto makes ‘landmark deal’ with $110 million acquisition

- February 6, 2024
Krause Auto Group has acquired three dealerships from Sutherlin Automotive in a landmark deal. The purchase includes Sutherlin Nissan of Fort Myers, Sutherlin Genesis of Fort Myers, and Sutherlin Nissan...
Headlines Daily Automotive News
Market Outlook Report

Dave Cantin Group’s Market Outlook Report: these are the 7 most important trends facing the auto industry in 2024

- February 1, 2024
While 2024 is shaping up to be to be another fascinating year for the long-term future of the car industry, the near term looks positive for OEMs, consumers and dealers,...
Daily Automotive News Publishing Partners

What to expect from the 2024 dealership buy-sell market — Erin Kerrigan | Kerrigan Advisors

- January 11, 2024
As the retail automotive sector has adjusted to new technologies, government policies, and consumer preferences, so too has the dealership buy-sell market. Although the pace of mergers and acquisitions activity...
Featured Daily Automotive News
John Davis joins Driving Solutions to discuss the 2024 dealership buy-sell market and share his advice for retailers exiting the business.

The 2024 buy-sell market: should dealers wait to sell? — John Davis | Haig Partners

- January 9, 2024
The dealership buy-sell market has undergone significant changes in a short period of time, as the retail automotive sector has grappled with unprecedented innovations and transformations. As the industry enters...
Featured Driving Solutions

Penske acquires Don Allen Auto for $12.34 million, Feldman enters Indiana market

- January 8, 2024
Despite a slight decline from 2022's record highs, blue sky values—a key metric in dealership valuation—remain elevated, standing at 2.3 times above pre-pandemic levels. Industry experts suggest that these values...
Daily Automotive News Articles
The 2023 Kerrigan Dealer Survey has been released, and it appears that most auto dealers are remaining optimistic about the M&A market.

New survey: dealers mostly positive about valuations, profitability in 2024

- December 21, 2023
The 2023 Kerrigan Dealer Survey has been released, and it appears that most auto dealers are remaining positive about the buy/sell and M&A market for the coming year while others...
Daily Automotive News Articles
Asbury completes $1.2 billion acquisition of Jim Koons dealership group.

Asbury completes $1.2 billion acquisition of Jim Koons dealership group

- December 12, 2023
Asbury Automotive Group has now fully acquired Jim Koons Automotive Companies, one of the largest privately-owned dealership groups in the U.S., for $1.2 billion. The sale brings 20 dealerships representing 29...
Daily Automotive News Articles
Significant M&A activity in October and November: auto dealerships in Charlottesville, Fresno, and Cincinnati change hands.

M&A roundup: dealerships change hands in Virginia, California, Ohio and more

- December 5, 2023
The most recent Q3 2023 Haig Report from buy/sell firm Haig Partners, highlights the robust demand for car dealerships. According to the report, 2023 is on track to become the...
Daily Automotive News Mergers & Acquisitions Tracker
Typically, dealerships’ value is compromised of tangible assets. But, on today's episode of Inside Automotive, Alan Haig further elaborates.

The current state of the buy/sell market and dealerships valuations – Alan Haig | Haig Partners

- December 1, 2023
Typically, dealerships’ value is compromised of tangible assets such as cash, inventory, equipment, and goodwill. But, if dealers are looking to add or sell stores to their portfolio in the...
Daily Automotive News Inside Automotive
Haig Report Q3 2023: Unveiling robust dealership market trends, historic sales, and blue sky values in a dynamic auto industry landscape.

Strong demand for dealership acquisitions despite decline in blue sky values

- November 28, 2023
The latest Haig Report for Q3 2023 from buy/sell firm Haig Partners revealed a sustained high demand for car dealerships. The report indicates that 2023 is shaping up to be...
Articles Daily Automotive News

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
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