Tag: mergers and acquisitions

The deal Asbury Automotive inked last week to acquire Jim Koons Automotive Companies for $1.2 billion, the largest auto retail ...

Rising floorplan interest rates and increased expenses are chipping away at dealer floorplan profit generated by pandemic-induced assistance from lenders.  ...

Lithia Motors showed declining finance and insurance revenue while nearly doubling its floorplan interest expenses quarter over quarter.  Finance and ...

Spending on acquisitions of U.S.-based dealerships dropped 85% year over year in the first quarter of 2023 driven by an ...

Swedish investment firm EQT Group has made a “number of unsolicited” non-binding proposals to acquire United Kingdom-based Alfa Financial Software ...

Dealers’ profitability declined in the first quarter as floorplan interest rates climbed and inventory improved, but dealers continued to pay ...

Lithia Motors’ floorplan interest expense soared in the first quarter as the retailer group’s acquisition activity picked up steam.   ...

S&P Mobility today acquired pricing and incentive intelligence provider Market Scan Information Systems to supplement the company’s sales tools as ...