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.

Having trouble viewing this email? See the online version

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

Best February sales ever

Sales surged 24.4% over last year in what DesRosiers Automotive Consultants said was 'easily the strongest February of all time'

Having trouble viewing this email? See the online version

Monday, March 04, 2024 Subscription Required February auto sales best ever as challenges 'well and truly in the rear-view' Read More > Subscribe An Automotive News Canada subscription includes 12 monthly issues – delivered in print to your doorstep, and digitally to your inbox – plus unlimited, 24/7 access to our website. Subscribe Connect With Us Our Mission “The Automotive News Canada mission is to be the primary source of industry news, data and understanding for the industry's decision-makers interested in Canada.” Click here to unsubscribe from this newsletter. Manage your email preferences. Automotive News Canada PO Box 243, Station A Windsor, Ontario, N9A 6K7 customerservicecanada@autonews.com