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
Holman Automotive to Acquire Kuni Automotive
…plans to become a public company, says Holman. “Plan A is to remain a family-owned company for generations to come,” she says. “And there is no Plan B.” … Continue Reading
Why the Dealer Franchise Model Will Not Go Extinct
…— ignores the psyche of the American consumer. Especially when we factor in the family dynamic, a drastic shift in behavior becomes much harder to see. I realize there are… Continue Reading
Buffett’s Van Tuyl Deal Materially Done, Official Closing Soon
…to the Berkshire automotive family. We expect Berkshire could acquire as many as two more groups this year. Despite having 78 dealerships, Berkshire Hathaway Automotive is positioned well to add… Continue Reading
CDK Global Acquires Mobile Ad Platform Progressus Media
…team into the CDK family,” Cole said in a press release announcing the deal. “Our data-driven solutions, which help to put the right targeted messages in front of consumers at… Continue Reading