Car dealership

Holman Finalizes Acquisition of Leith Automotive, Nearly Doubles Retail Business

Retrieved on: 
Tuesday, March 19, 2024
Growth, Risk management, Acquisition, Ford, Car dealership

MOUNT LAUREL, NJ, March 19, 2024 (GLOBE NEWSWIRE) -- Holman , a global automotive services leader, has completed its acquisition of the North Carolina-based Leith Automotive Group.

Key Points: 
  • MOUNT LAUREL, NJ, March 19, 2024 (GLOBE NEWSWIRE) -- Holman , a global automotive services leader, has completed its acquisition of the North Carolina-based Leith Automotive Group.
  • This nearly doubles Holman’s automotive retail business, which now features 58 dealerships, 34 brands, and nearly 4,500 retail automotive employees in nine states; and marks the largest retail acquisition in Holman’s 100-year history.
  • Together, Holman and Leith remain committed to doing the right thing for their employees, customers and the community.
  • “Like Holman, Leith has placed the highest priority on delivering excellent customer service by building a strong network of employee partners,” Holman President of Automotive Retail Gene Welsh said.

Haig Partners releases the Q4 2023 Haig Report®, which tracks trends and their impact on dealership values

Retrieved on: 
Tuesday, March 26, 2024
Retail, Commercial Building & Real Estate, Automotive Manufacturing, Construction & Property, Manufacturing, Finance, Banking, Accounting, Professional Services, Trucking, Other Retail, General Automotive, Transport, REIT, Automotive, Logistics, Supply Chain Management, Partner, Original equipment manufacturer, Mercedes-Benz, Life, Sale, J.D. Power, Record, Toyota, Pleasure, Kia, BMW, Cox Enterprises, ATP, Multimedia, Lithia, Car dealership

Haig Partners LLC , released its closely followed Haig Report® for Q4 2023, which tracks trends in auto retail and their impacts on dealership values.

Key Points: 
  • Haig Partners LLC , released its closely followed Haig Report® for Q4 2023, which tracks trends in auto retail and their impacts on dealership values.
  • (Graphic: Business Wire)
    In 2023, Haig Partners advised on two record-setting deals, fetching the highest price for Toyota and Stellantis dealerships.
  • Average estimated profits per dealership were 78% higher in Q4 2023 compared to Q4 2019, before the pandemic hit.
  • Alan Haig , President of Haig Partners, shared, “We are seeing mixed trends in auto retail today, which are pushing down dealership profits and dealership values.

Haig Partners Serves as Exclusive Sell-side Advisor on the Sale of Toyota of North Charlotte

Retrieved on: 
Tuesday, March 19, 2024
Accounting, Professional Services, General Automotive, Automotive, Commercial Building & Real Estate, Construction & Property, Trucking, Legal, Automotive Manufacturing, Transport, REIT, Manufacturing, Partner, Growth, Sale, Pleasure, Underwood, BMW, Car dealership

Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck, and RV dealers in the US, served as the exclusive sell-side advisor to the owners of Toyota of North Charlotte on its sale to Hudson Automotive Group.

Key Points: 
  • Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck, and RV dealers in the US, served as the exclusive sell-side advisor to the owners of Toyota of North Charlotte on its sale to Hudson Automotive Group.
  • Toyota of North Charlotte first opened for business in 2003 and has won numerous awards over the years.
  • Joe Siviglia shared, “Toyota of North Charlotte is a highly profitable dealership and we have enjoyed serving the Charlotte area for over 20 years.
  • Selling Toyota of North Charlotte provides us with greater resources and an increased focus on growth in Florida.

Haig Partners Serves as the Exclusive Advisor on the Sale of Lebanon Ford to Nucar Family of Dealerships

Retrieved on: 
Wednesday, March 13, 2024
Automotive, Automotive Manufacturing, Manufacturing, General Automotive, Construction & Property, Business, Finance, REIT, Consulting, Other Automotive, Banking, Accounting, Recreational Vehicles, Professional Services, Performance & Special Interest, Off-Road Trucks & SUVs, Motorcycles, Fleet Management, EV, Electric Vehicles, Aftermarket, Partner, Growth, PLLC, Sale, LLP, Acquisition, Ford, Holland & Knight, Multimedia, Family, Car dealership

Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor to Saint J Auto on the sale of Lebanon Ford in Lebanon, NH to Nucar Family of Dealerships based in New Castle, DE.

Key Points: 
  • Haig Partners LLC , the leading buy-sell advisory firm to auto, heavy truck and RV dealers in the U.S., served as the exclusive sell-side advisor to Saint J Auto on the sale of Lebanon Ford in Lebanon, NH to Nucar Family of Dealerships based in New Castle, DE.
  • Lebanon Ford has been a family endeavor, managed by my sons, Nathan and Evan, alongside our COO and longtime friend, Ray Gaudette, since its inception.
  • "We extend our heartfelt congratulations to Chris and Dan Dagesse of Nucar Family of Dealerships on this acquisition.
  • The sale of Lebanon Ford represents the 26th dealership the team at Haig Partners has bought or sold in New England.

Kunes Country Ford Awarded for Customer Service and Satisfaction

Retrieved on: 
Thursday, April 4, 2024
RV, Knowledge, Customer service, Xinyuan County, Car dealership

DELAVAN, Wis., April 4, 2024 /PRNewswire/ -- Kunes Auto Group, with 45 auto and RV dealerships spanning the Midwest, is honored to announce its Delavan location received the prestigious Ford President's Award for Customer Service and Satisfaction. Only 340 of the five thousand Ford dealerships across the country received the honor this year, and Kunes is the only Wisconsin dealer selected in 2024.

Key Points: 
  • DELAVAN, Wis., April 4, 2024 /PRNewswire/ -- Kunes Auto Group , with 45 auto and RV dealerships spanning the Midwest, is honored to announce its Delavan location received the prestigious Ford President's Award for Customer Service and Satisfaction.
  • Only 340 of the five thousand Ford dealerships across the country received the honor this year, and Kunes is the only Wisconsin dealer selected in 2024.
  • This is the eighth time Kunes has won this award, which is given to Ford dealerships that demonstrate quality business practices and operate at the highest level of customer service, satisfaction and experience.
  • To be eligible for the Ford President's Award, Ford Dealers must:
    Be franchised on or before January 1, 2019, and at the time the award is presented
    Kunes Country Ford of Delavan opened its doors in 1997 and employs 75 people spanning customer service roles, service technicians and management.

AutoWeb Inc. Relaunches UsedCars.com

Retrieved on: 
Tuesday, April 2, 2024
SAN, Acquisition, Car dealership, AutoWeb

"We have long been in the business of helping car makers and dealerships connect with consumers shopping for new cars, and we are thrilled to expand this capability to the used car market," says Dan Ingle, COO and President of AutoWeb.

Key Points: 
  • "We have long been in the business of helping car makers and dealerships connect with consumers shopping for new cars, and we are thrilled to expand this capability to the used car market," says Dan Ingle, COO and President of AutoWeb.
  • "UsedCars.com will not only offer solutions directly to those visiting the website but will also provide used car options for millions of consumers who use AutoWeb services for finding a new car every year."
  • Dealerships that list their vehicles on UsedCars.com will gain exposure to the entire AutoWeb network, reaching a monthly audience of millions of car and truck shoppers.
  • With this relaunch, AutoWeb continues its tradition of offering effective solutions as a leader in audience acquisition and lead generation in the automotive space, continuing its legacy since 1994.

Mercedes-Benz of Arrowhead Adds the Latest 2024 Mercedes-Benz Sprinter Cargo Vans to Its Inventory

Retrieved on: 
Tuesday, March 26, 2024
Bell Road (Phoenix Metro), Professional, Mercedes-Benz, Multimedia, Mercedes-Benz Sprinter, Environment, Car dealership

PEORIA, Ariz., March 26, 2024 /PRNewswire-PRWeb/ -- Mercedes-Benz of Arrowhead is happy to inform readers about the arrival of the highly anticipated 2024 Mercedes-Benz Sprinter Cargo Van, setting new benchmarks in performance, design and versatility for businesses in Peoria and surrounding areas.

Key Points: 
  • Businesses near Peoria, Arizona that want the latest 2024 Mercedes-Benz Sprinter Cargo Vans can purchase them at the Mercedes-Benz of Arrowhead dealership.
  • The 2024 Mercedes-Benz Sprinter Cargo Van exemplifies a blend of cutting-edge design and practical functionality.
  • Equipped with modern technology and robust engines, the 2024 Sprinter Cargo Van delivers exceptional performance and efficiency in any environment.
  • Customers can access the Mercedes-Benz of Arrowhead website to learn about the latest Mercedes-Benz Sprinter Cargo Van, new offers and modern services available at the dealership.

Agora Data Adds Robin Dukes as Vice President to Increase Profits for Auto Dealerships

Retrieved on: 
Tuesday, March 26, 2024
Robin, SVP, Growth, Agora, Car dealership

ARLINGTON, Texas, March 26, 2024 /PRNewswire/ -- Agora Data , a fintech company that provides technology, capital, and guidance with predictable loan performance and analytics for the subprime automotive industry, announces the addition of Robin Dukes as Vice President of Strategic Alliances.

Key Points: 
  • ARLINGTON, Texas, March 26, 2024 /PRNewswire/ -- Agora Data , a fintech company that provides technology, capital, and guidance with predictable loan performance and analytics for the subprime automotive industry, announces the addition of Robin Dukes as Vice President of Strategic Alliances.
  • Robin joins Agora as an exceptional automotive executive with an extensive background working in dealerships and companies that support the automotive industry.
  • She is responsible for leading nationwide efforts collaborating with ancillary product providers, affiliations, their agents, and other trusted partners of dealerships to increase a dealership's profitability.
  • "I'm thrilled to be with Agora as they are leading auto finance innovation and delivering a unique opportunity for dealerships to realize income development," said Robin Dukes, VP of Strategic Alliances.

Blazing Trails: Your Research Guide to the 2024 Chevy Blazer Near Kennesaw

Retrieved on: 
Tuesday, March 19, 2024
Personality, GMC, Safety, Blazer, Research, V6, Ice, Torque, Multimedia, SUV, Car dealership

KENNESAW, Ga., March 19, 2024 /PRNewswire-PRWeb/ -- The 2024 Chevy Blazer near Kennesaw is not just an SUV; it's a dynamic statement of style and technology. At Carl Black Chevy Buick GMC, we invite you to explore the features that redefine your driving experience, seamlessly blending sporty aesthetics with cutting-edge technology.

Key Points: 
  • Carl Black Kennesaw, the premier vehicle dealership near Kennesaw, GA, is excited to announce the release of brand-new research on the 2024 Chevy Blazer on their website.
  • KENNESAW, Ga., March 19, 2024 /PRNewswire-PRWeb/ -- The 2024 Chevy Blazer near Kennesaw is not just an SUV; it's a dynamic statement of style and technology.
  • From its bold grille to the sporty front fascia, the 2024 Blazer demands attention on the road.
  • Discover the allure of the 2024 Chevy Blazer on our brand-new research page .

Autos of Dallas Reveals the Ultimate Audi Q8 Research Hub

Retrieved on: 
Friday, March 15, 2024
Car, Audi Q8, Multimedia, Collection, Interest, Car dealership

DALLAS, March 15, 2024 /PRNewswire-PRWeb/ -- Autos of Dallas, the premier destination for pre-owned luxury vehicles, is thrilled to announce the launch of its brand-new research page dedicated to the exquisite Audi Q8. Discover the epitome of luxury and performance with our comprehensive guide to the Audi Q8.

Key Points: 
  • At Autos of Dallas, we pride ourselves on offering the finest selection of pre-owned luxury vehicles, including a wide range of Audi Q8 models.
  • -The Autos of Dallas Experience: Luxury Redefined
    Experience luxury like never before with Autos of Dallas.
  • In addition to the Audi Q8, Autos of Dallas offers a vast selection of pre-owned vehicles from top luxury brands.
  • Visit Autos of Dallas today and explore our stunning collection of pre-owned luxury vehicles, including the Audi Q8.