Category: dealerships

Many dealerships and independent services centres (ISCs) are facing significant challenges in the form of cost pressures due to inflation and ongoing supply chain disruption.

All this at a time when consumers are looking to spend…….

New York’s Vision Automotive Group sold 10 dealerships to Atlantic Coast Automotive Inc., according to the Rochester Business Journal and a person briefed on the transaction.

Atlantic Coast Automotive, of Miami Lakes, Fla., bough…….

New York’s Vision Automotive Group sold 10 dealerships to Atlantic Coast Automotive Inc., according to the Rochester Business Journal and a person briefed on the transaction.

Atlantic Coast Automotive, of Miami Lakes, Fla., bough…….

SHREVEPORT, La. (KSLA) – Dealerships across the country are now seeing a drastic increase in new inventory. This comes after a shortage in vehicles that lasted over two years.

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Three South Florida dealerships are under investigation by the state attorney general’s office, accused of charging illegal fees to customers who ended their automotive leases.

Gunther Volkswagen in Fort Lauderdale, Homestead Hyu…….

Two expanding dealership groups added to their portfolios, while a duo purchased their second store — all in separate third-quarter transactions.

Here’s a look at the deals involving domestic, import and luxury stores and deale…….

Gilchrist Automotive on Sept. 26 acquired its first Oklahoma dealership by purchasing Toyota of Lawton as the group also returned to the Toyota brand after more than two decades.

The dealership, now named SouthWest Toyota of Lawt…….

The Hertrich Family of Automotive Dealerships recently acquired two Porter dealerships in Newark. | PHOTO COURTESY OF HERTRICH

NEWARK – The Hertrich Family o…….

Kaplan Auto adds dealership in New Hampshire

Kaplan Auto Group on Sept. 15 added its fourth New Hampshire store, purchasing Dan O’Brien Subaru in Claremont.

The store, sold by Dan O’Brien Auto Group, was renamed Claremont …….

“We are excited to provide locals with a world-class experience that exceeds expectations,” Adam Parks, president of Parks Automotive, said in a statement. “My family has been doing just that throughout the Carolinas for over 50 years a…….