Recent Analysis

CDK Global Clients to Get New Financing Partner

September 17, 2014 — ADP announces details and the date of the spin off of its Dealer Services Group (now called CDK Global) along with information about a new financing partner for its dealers. ADP Dealer Services U.S. and Canadian clients who have financed with ADP Commercial Leasing will be moved to a new co-branded financing

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Mid-Size Sedan Market Feeling the Pressure

September 15, 2014 — Automotive sales in August far exceeded everyone’s expectations leading to concern that automakers were again relying on aggressive incentives rather than true demand juice showroom traffic. The truth lies somewhere in the middle — but could have far reaching implications for the short term future of  certain market segments, and even,

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Group 1 Automotive Doubles Down in Brazil; Exits Long Island

September 15, 2014 — In the words of Kenny Rogers — “You’ve got to know when to hold ‘em; know when to fold ‘em; know when to walk away; know when to run.” And Group 1 Automotive’s Chairman and CEO Earl Hesterberg is showing he’s not afraid to follow that advice and cut his losses.

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SoCal Penske Building Empire in Southern California

September 14, 2014 — Drew AutoCenter in La Mesa, CA announced on Friday to its employees that it is being acquired by Roger Penske Jr.’s group, SoCal Penske Dealer Group, according to multiple sources familiar with the deal. The auto center includes Drew Ford and Drew Hyundai along with a used vehicle super store. The industry

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