Editorial: Lithia's strategic pivot on M&A implies price ceiling on buy-sells | Lithia Motors closes on Pohlad's $900M Carousel group in Midwest | Franklin McLarty, Frank Figueredo form new group

The statement from the largest public dealership group is a warning that prices are becoming too high for deals to get done.

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Monday, March 04, 2024   Done Deals is a monthly look at the dealership buy-sell market. Readers can share story tips or deal news with Automotive News Senior Retail Editor Melissa Burden at mburden@crain.com and buy-sell reporters Julie Walker at julie.walker@crain.com and Gail Kachadourian Howe at gail.howe@crain.com. Editorial: Lithia's strategic pivot on M&A implies price ceiling on car dealership buy-sells   Read More > Subscription Required Lithia Motors closes on Pohlad's 9-store, $900M Carousel group in Midwest   Read More > Subscription Required Franklin McLarty, Frank Figueredo form new dealership group   Read More >   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.   Recent transactions:   ■ Bill Yoder Ford | Garrett, Ind. » ■ Subaru of Midland Odessa | Midland, Texas » ■ Elmore Toyota | Westminster, Calif. » ■ Henderson Nissan | Henderson, Nev. » ■ Hodges Ford | Darien, Ga. »   Subscription Required Group 1 buys 2 Lexus stores in Southern California with $350M in combined sales   Read More > Lithia Motors downplays $50B 2025 revenue target, stresses earnings per share growth   Read More > Subscription Required Lou Fusz Automotive expands with two Q1 transactions   Read More > Subscription Required Lawsuit claims N.Y. Chevrolet dealer backed out of contract to sell   Read More > Editorial: Virginia bill limiting buy-sell approval response time is good for dealers   Read More > Subscription Required Group 1 Automotive buys RRR Automotive Group to expand presence in mid-Atlantic states   Read More > Subscription Required GM, Stellantis, Alfa Romeo, Fiat and Subaru dealerships trade hands across 3 states in Q4   Read More > Subscription Required Some dealership M&A brokers predict record Q1 amid robust deal pace   Read More > Subscription Required Doggett Automotive buys 6 dealerships from Group 1 Automotive   Read More > Subscription Required Proposed Virginia legislation aims to limit buy-sell approval time   Read More > Subscription Required Ed Morse Automotive inks deal to buy 6 dealerships in Arizona   Read More > Best Dealerships to Work For See which dealers are going above and beyond for their staff this year. SUBSCRIBE NOW This email was sent to bimoharjanto.ankerbellok@blogger.com Manage My Account | Contact Us   © 2024 Automotive News 1155 Gratiot Ave., Detroit, MI 48207-2997 United States Privacy Policy | Terms and Conditions | Unsubscribe