Dealer OPS & Leadership
Sales per Franchise Drives Blue Sky Multiples
Presidio recently published its end of year M&A report, which is available at www.presidioautomotive.com and on Dealer magazine’s web site. In it we discuss the current blue sky multiples, as well as the following dealership acquisition trends: The Big 5 is now...
Comerica Bank Reports Auto Affordability Down Slightly In First Quarter
DALLAS -- The purchase and financing of an average-priced new vehicle took 23.2 weeks of median family income in the first quarter of 2012. Consumers on average spent $300 more (an increase of 1.2 percent) on new cars in the first quarter of 2012 compared with the...
Toyota’s Camry and Prius Remain Top Cars for Auto Shoppers in April
For the third straight month, the Toyota Camry and the Toyota Prius topped Dataium's ASI New Vehicle Ranking Nashville, TN — Dataium, the largest aggregator of online automotive shopper behavior, today released its monthly ASI report. The ASI (Automotive Shopper...
Right to Repair Act Passes Massachusetts Senate
BETHESDA, Md. -- Just over a month after consumers and neighborhood repairers packed a Massachusetts State House hearing room to urge passage of Right to Repair legislation, the state's Senate strongly approved the measure with added safeguards to protect both new car...
GM Statement on Super Bowl XLVII Advertising
DETROIT – The following statement can be attributed to General Motors Global Chief Marketing Officer Joel Ewanick: "We understand the reach the Super Bowl provides, but with the significant increase in price, we simply can't justify the expense." General Motors Co....
34 Dealerships Honored at 12th Digital Dealer Conference & Exposition as WomenCertified Top Dealerships for Outstanding Customer Experience for 2011
Thirty-four dealerships selected as WomenCertified Top Dealerships for Outstanding Customer Experience for 2011 were honored at the 12th Digital Dealer Conference & Exposition held in Orlando in April. This Top Dealership list, which is the first in an annual...
Celebrating National Small Business Week, Chrysler Group LLC Launches New Commercial Vehicle Website and Contest for Small Businesses
AUBURN HILLS, Mich. -- Chrysler Group LLC is celebrating National Small Business Week by launching a Chrysler commercial vehicles website for small business owners and a unique vehicle giveaway contest. New Chrysler Commercial Vehicles website debuts for small...
What’s Old is Now New Again…Keeping the iron on the road…
I just got back from my annual pilgrimage to the Concours d’Elegance at Amelia Island. What makes this show so special? Aside from an eclectic collection of prime historical vehicles, some of which are restored to a condition far superior to when they were new, this...
Major Right to Repair Legislation Passes Senate
BOSTON -- Only a little more than a month after consumers and neighborhood repairers packed a State House hearing room to urge passage of the Right to Repair legislation, the Massachusetts State Senate late Thursday evening strongly approved the measure with a few...
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