UPDATED: December 13, 2016 — The Banks Report has learned that the Ron Tonkin Family of Dealerships is selling to the Gee Automotive Companies in Spokane, WA, confirming rumors the last… Continue Reading
Asbury Acquisition Highlights Growing Trend of Move into Midwest
…be looking to build a platform of dealerships in the Indianapolis market using the Hare brand. Hare began as a wagon-building shop in 1847 and had been in the same family… Continue Reading
TrueCar Settles — Wins — Legal Dispute with Sonic Automotive
…Sonic Automotive). Sonic had decided to call its one price initiative TruePrice. TrueCar immediately filed a lawsuit alleging the name infringed upon its “True” family of brands. It wasn’t much… Continue Reading
IndiGO Acquires BMW Store in CA — UPDATED
…year. Blue acquired the BMW store from the same group he purchased Desert European Cars from in August 2013 — Gene Whisenhunt, Jerry Johnson and the Hickingbotham family. … Continue Reading
Primus Capital Invests in FusionZone
…Competitor Pro, will join the board. Husband and wife team Brett and Karen Sutherlin co-founded the company in 2009 after Brett’s family had sold their 23-store group to AutoNation. Brett… Continue Reading
