In both the Grossman Chevrolet Nissan dealership and its on-site collision center, women run the show.
The acquisition includes 12,480 square feet of office/showroom space between the two dealerships as well as a collision center and body shop, detail shop and quick lube shop.
Insurers seeking out and using misinformation obtained from dealer repairers in order to deny consumers OEM-recommended repair procedures has become more commonplace.
M&A firm says dealers should step up, invest and perform at the level of consolidators and MSOs, or step back and realize improved operational and financial benefits by selling their shops.
May will be the fifth consecutive month in 2019 to experience a sales decline, with calendar year-to-date sales through May expected to be down 5.2% compared with the same period in 2018.
Record-high vehicle prices, weakening residuals and rising interest rates are mostly to blame for the increases, which analysts say are substantial enough to potentially price many shoppers out of the new vehicle market.
With U.S. auto sales expected to weaken in 2019, analysts are warning that car manufacturers might have to curb their production, according to an article by WSJ.
CARSTAR, which by the end of 2018 had more than 50 collision repair facilities in dealerships in the U.S. and Canada, announced it is continuing to build upon its network of collision repair facilities based in auto dealerships.
Fox News recently reported that four juveniles decided to play demolition derby at a Houston-area CarMax, causing $800,000 in damages by breaking into various vehicles and crashing them into more than 20 cars.
Babcox Media, the parent company of BodyShop Business, announced that it has acquired AutoSuccess magazine and its digital properties, effective March 31.
OPS Software Suite aimed to serve as a one-stop solution to improve the ordering, management and delivery of Genuine Toyota Parts through the wholesale channel.
Does a dealership where one of our customers bought her car have the right to repossess the car from us without paying the charges? We fixed the car and the owner spent the insurance money and defaulted on the loan.