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A look at dealership mergers and acquisitions. We provide insights into the buy-sell market and information on the latest transactions.
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DEALERSHIP BUY-SELL NEWS
Automotive News coverage of store transactions. Who is buying what, and for how much?
Dealership Buy/Sell Listing: This Automotive News feature lists dealership acquisitions as reported by brokers, news media and official announcements. See our list of buy/sells and submit details of your deals here.
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Gurley Leep Automotive Family and PSD Automotive Group each acquired stores in the second quarter, while dealer Steve Phillipos bought his second dealership in Homewood, Ill.
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Northeastern auto dealer Jonathan Sobel's latest acquisition of luxury stores in Pennsylvania follows his February purchase of three rooftops in Auburn, N.Y.
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The threat of nearly doubling the long-term rate is pushing more retailers to consider unloading their stores now. If the hikes are enacted, experts predict the hot buy-sell market will cool.
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Kendall Automotive Group and Dunhill Auto Group last month bought stores in Washington and Pennsylvania, respectively.
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