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Florida: (850) 878-6404
North Carolina: (919) 847-8632

Florida: (850) 878-6404
North Carolina: (919) 847-8632

Thinking About Passing Along Your New Vehicle Franchise to a Family Member Upon Retirement? … It May Not be Quite so Easy

Most dealers assume that when it comes time to retire from the dealer owner-operator position you will be able to designate a family member as your replacement. Increasingly, the manufacturers are refusing to honor a dealer’s designated replacement. These manufacturers, General Motors being one of...

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Transaction Activity Still High

This year has seen continued, brisk activity in the buy-sell market. Large and small automotive groups alike seem to be taking part in the flurry of transactions. This increased activity has led to longer turnaround times with almost all manufacturers, even on simple internal changes (e.g., partner...

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