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Monday, July 1, 2024

A look at U.S. franchised dealership transactions in 2023, Q1 2024 | Dealership acquisitions fizzle in 2023 | Infiniti, Mazda stores rise in popularity | Dealerships trade hands at record clip in Q1

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Monday, July 01, 2024
Victory Toyota of Canton, Mich.
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Here’s our look at 2023 and Q1 2024 U.S. franchised dealership transactions

In its third year of tracking dealership buy-sell data, Automotive News tallied 381 transactions involving 562 U.S. franchised dealerships in 2023, a 5.5 percent decrease from the 403 deals in 2022.

 
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Dealership acquisitions fizzle in 2023

 
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Infiniti, Mazda stores increase in popularity

 
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Back to the future: Dealerships trade hands at record clip in Q1 amid normalized profits

 
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Hawthorne Chevrolet
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How dealership buy-sell data is compiled

 
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2015 100 Leading Women gala

Automotive News seeks nominations for 100 Leading Women

 
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Dealer sales
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CDK restores DMS for Group 1, more dealerships as cyberattack costs rise

 
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Cyberattacks at dealer management system provider CDK Global have delayed some dealership acquisitions, buy-sell brokers say

 
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Mercedes denied right of first refusal request by Ill. vehicle board

 
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Lithia
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Lithia enters Memphis market, expands in Canada

 
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Hawthorne Chevrolet
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Dennis & Co. Auto Group, Kyle Busch partner in dealership purchase

 
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Penske Automotive Group completes purchase of two Australian Porsche dealerships

 
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