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Cliff Banks - The Banks Report

Buyers & Sellers Both Hurt by Right of First Refusal

Posted on August 19, 2014 by Cliff Banks • 0 Comments

UPDATED — At least ten (updated from eight) cases of manufacturers using the Right of First Refusal since January 2013, including at least three lawsuits, shows dealers wanting to sell their...

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Filed Under: Analysis, Dealers, Dealership Buy/Sells, Home page, Legal/Political, Manufacturers, Trends
Cliff Banks - The Banks Report

Buyer Beware – Right of First Refusal on the Rise

Posted on May 2, 2014 by Cliff Banks • 0 Comments

A couple of days ago, on April 30, Southern Motors Chevrolet filed a lawsuit against General Motors for blocking its purchase of Fuller Chevrolet, located in Rincon, GA. According...

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Filed Under: Analysis, Dealers, Dealership Buy/Sells, Legal/Political, Manufacturers, Trends
Cliff Banks - The Banks Report

Napleton vs. Jaguar – Another Right of First Refusal Lawsuit

Posted on July 7, 2014 by Cliff Banks • 0 Comments

…the Marubeni America Corp. It’s another lawsuit resulting from a manufacturer’s exercise of the right of first refusal in which they nix one buyer and bring in another buyer for… Continue Reading

Filed Under: Analysis, Dealers, Dealership Buy/Sells, Home page, Legal/Political, Manufacturers
Dealership Buy-Sell Market Plummets — TBR’s 2017 1st Qtr Report

Dealership Buy-Sell Market Plummets — TBR’s 2017 1st Qtr Report

Posted on May 22, 2017 by Cliff Banks • 0 Comments

to data compiled by The Banks Report. Also in the first quarter report, Audi continues to be aggressive in using the Right of First Refusal to… This content is...

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Filed Under: Dealers, Dealership Buy/Sells, Home page, Public Dealer Groups, Reports
2015 Mid-Year Dealership Buy-Sell Report

2015 Mid-Year Dealership Buy-Sell Report

Posted on July 4, 2015 by Cliff Banks • 0 Comments

...purchase of the Van Tuyl Group in March. Meanwhile, automakers continue to leverage the Right of First Refusal to scuttle deals.  The industry hit the mid-point… This content is...

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Filed Under: Analysis, Dealers, Dealership Buy/Sells, Home page, Manufacturers, Public Dealer Groups, Reports, Trends
Cliff Banks - The Banks Report

2015 NADA Report: Section 2 – Vendor Analysis

Posted on March 12, 2015 by Cliff Banks • 0 Comments

of those purchases come within the first 90 days after the vehicle purchase. Dealers get less than 5% of that business, however. Reynolds surveyed 150 dealers last year (measuring the… Continue Reading

Filed Under: Analysis, Dealers, Home page, Reports, Vendor Acquisitions, Vendors
Not the First Choice, but Miller is the Right Choice for AutoNation

Not the First Choice, but Miller is the Right Choice for AutoNation

Posted on July 23, 2019 by Cliff Banks • 0 Comments

July 23, 2019 — Late yesterday afternoon, AutoNation announced long-time CFO and vice president Cheryl Miller as its new CEO and president. She’s replacing Carl Liebert. On the...

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Filed Under: Analysis, Dealers, Home page, Public Dealer Groups
Salesforce and Automotive Retail — Is There a Play?

Salesforce and Automotive Retail — Is There a Play?

Posted on July 7, 2016 by Cliff Banks • 0 Comments

…it and then using it to enhance the customer experience. The goal is to become smarter about customer interaction — it’s the ultimate promise of CRM, “The right message to… Continue Reading

Filed Under: Analysis, Dealers, Home page, Manufacturers, Public Dealer Groups, Reports, Trends, Vendor Acquisitions, Vendors
TBR 2016 Annual Auto Retail Vendor M&A Report

TBR 2016 Annual Auto Retail Vendor M&A Report

Posted on January 3, 2017 by Cliff Banks • 0 Comments

January 2, 2017 — M&A activity among automotive retail vendors for the year ended quietly with only four deals completed in the fourth quarter. Nevertheless, the 31 acquisitions...

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Filed Under: Analysis, Home page, Vendor Acquisitions, Vendors
Cliff Banks - The Banks Report

The Lithia-DCH Deal — What’s the Downside?

Posted on June 14, 2014 by Cliff Banks • 0 Comments

Lithia Motors’ pending acquisition of the DCH Automotive Group for $362.5 million looks like a it should be a homerun, but there a few manufacturers who likely are going...

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Filed Under: Analysis, Dealership Buy/Sells, Home page, Manufacturers, Public Dealer Groups
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