Pinnacle Mergers & Acquisitions, a nationwide auto dealership brokerage firm completes another successful deal, representing client Lithia Motors in the purchase of three dealerships in Denver,
Pinnacle Mergers and Acquisitions represented both the buyer and seller in the sale of Ocean Honda of North Hollywood. Owned by Victory Automotive Group, it changed ownership on June 22nd,
Mike Rosvold, owner of Michael Automotive Group in Fresno, CA decided it was time to sell his dealerships and retire. This month, four rooftops owned by the group were purchased by Steve Cornelius and they are now Blackstone Toyota,
The month of May brought change for a Birmingham Alabama Honda dealership. Freeway Honda, owned by Victory Automotive Group, changed ownership on May 9 when Carlock Automotive Group purchased the dealership now known as Carlock Honda.
Honda seems happy with its upcoming Acura and Prologue SUVs due in a couple years.
The smaller Cherokee’s future is not looking so bright amid tanking sales and factory layoffs.
Mercedes will build luxury seven-seat full-electric SUV at its U.S. plant for export to Europe as the brand expands its dedicated electric lineup.
March 21,
January 11, 2022 Read Original Article >
While it doesn’t do anything against unfair and anti-consumer markups, Ford is taking contractual action against dealers and potential scalpers.
January 11, 2022 Read Original Article >
GM to launch used-vehicle shopping platform CarBravo
DETROIT — General Motors this spring will launch CarBravo,
January 11, 2022 Read Original Article >
National Automobile Dealers Association’s 2022 outlook says shortages will continue to constrain inventory.
U.S.