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Bisa Nitip Bisa Dititp: First-time, small dealers struggle with floorplan loan approvals | AutoNation sells 8 dealerships for $156 million | Fred Beans Automotive buys three stores in Pennsylvania
Monday, November 4, 2024
First-time, small dealers struggle with floorplan loan approvals | AutoNation sells 8 dealerships for $156 million | Fred Beans Automotive buys three stores in Pennsylvania
Some first-time or small dealers owning fewer than five rooftops have had trouble securing floorplan loans this year.
Done Deals is a monthly look at the dealership buy-sell market. Readers can share story tips or deal news with Melissa Burden, Automotive News director of auto retail coverage, at mburden@crain.com, and buy-sell reporters Julie Walker at julie.walker@crain.com and Gail Kachadourian Howe at gail.howe@crain.com.
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