Publics hop on buyback bandwagonMon, 02, May 2016
Several publicly traded dealership groups have reported strong, sometimes record, first-quarter earnings per share. Their net income didn't soar. Rather, they've been buying back their shares like crazy.
Holman Automotive buys Kuni, creating dealership giantTue, 12, Apr 2016
Holman Automotive Group said today it acquired Kuni Automotive to form one of the country's largest private dealership groups. The new group, which will have projected annual revenue of about $3 billion, will have 33 dealerships in eight states, most along the East Coast and West Coast.