TSLA435.790-6.31%
GM83.240-1.11%
F17.4400.79%
RIVN16.3001.1%
CYD56.7200.39%
HMC26.990-0.3%
TM189.950-1.89%
CVNA73.000-0.49%
PAG167.370-0.8%
LAD290.890-4.73%
AN187.720-6.02%
GPI316.340-10.09999%
ABG187.710-7.04%
SAH82.620-1.12%
TSLA435.790-6.31%
GM83.240-1.11%
F17.4400.79%
RIVN16.3001.1%
CYD56.7200.39%
HMC26.990-0.3%
TM189.950-1.89%
CVNA73.000-0.49%
PAG167.370-0.8%
LAD290.890-4.73%
AN187.720-6.02%
GPI316.340-10.09999%
ABG187.710-7.04%
SAH82.620-1.12%
TSLA435.790-6.31%
GM83.240-1.11%
F17.4400.79%
RIVN16.3001.1%
CYD56.7200.39%
HMC26.990-0.3%
TM189.950-1.89%
CVNA73.000-0.49%
PAG167.370-0.8%
LAD290.890-4.73%
AN187.720-6.02%
GPI316.340-10.09999%
ABG187.710-7.04%
SAH82.620-1.12%


mergers and acquisitions

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
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
Fisker, an EV startup, has signed four new dealer partners in the United States as part of a strategic shift in its business model. 

Fisker signs four U.S. dealers partners as part of strategic EV shift

- February 19, 2024
Fisker, an electric vehicle (EVs) startup, has signed four new dealer partners in the United States as part of a strategic shift in its business model.  Mills Automotive Group, Ourisman Fisker,...
Headlines 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
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

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
I’m Steve Greenfield from Automotive Ventures, and I’m glad that you could join us.It’s been a tough quarter for many of the legacy automakers. highways emissions

2024 automotive investment outlook: steady growth despite election and economic uncertainty

- January 5, 2024
Welcome back to the latest episode of The Future of Automotive, with Steve Greenfield, Founder and CEO of Automotive Ventures, where we put recent automotive and mobility news into the context of the...
Future of Automotive Featured
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


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