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Nissan, Genesis stores increase its footprint to 23 stores.
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The regulator had charged in an administrative complaint that the proposed sale violates federal antitrust laws. The two companies subsequently announced they are abandoning the proposed merger. Auto/Mate officials said the technology company is no longer for sale.
Read More →Motivated by the success of his Kia dealership in New Jersey's Egg Harbor Township, Roy Greenblatt has acquired a second location in the state, the former Toms River Kia. The store has been renamed Matt Blatt Kia of Toms River.
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Dealer operations expert concludes his two-part series on planning for 2016 with a discussion of topics relating to technology and data, mergers and acquisitions, and personnel.
Read More →The software giants are currently forming an integration team to determine how the combined companies will be organized once the deal closes in the third quarter. A company official said Cox had identified Dealertrack as an acquisition target last year.
Read More →National Auto Care (NAC) Corp. has completed its merger with Family First Dealer Services LLC, marking the second acquisition in the F&I industry by the Miami-based Trivest Partners, a private investment firm.
Read More →A new report indicates that merger-and-acquisition activity among public dealer groups dropped 55 percent in the first half of 2012.
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