Tag: Dealerships

Up to $10m worth of luxury cars ‘written off’

Up to $10 million worth of luxury vehicles may be “written off” after water swept through a North Shore dealership during the Auckland flooding. Specialising in high-end Range Rovers, Jaguars and Volvo cars,

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Larry Van Tuyl still searching to buy dealerships

Van Tuyl pointed to Florida, Georgia and the Carolinas as places of interest. Last year, Van Tuyl bought two California Toyota stores and a pair of Ferrari dealerships in Texas. Van Tuyl, who

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Maserati Melbourne GM Gary Nadin lists apartment on ‘super luxury car’ strip

The view from the apartment at 703/205 Burnley St, Richmond. Maserati Melbourne’s general manager is motoring away from his Richmond pad. Gary Nadin’s swish two-bedroom apartment at 703/205 Burnley St has been listed

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More Women Buy Luxury Cars In Post-pandemic Shift

Dealerships, too, are going all out to roll out the red carpet for women. Kindly note the image has only been published for representational purposes. Photograph: kind courtesy Pixabay Increasingly, more women are

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#1 Cochran Automotive buys first dealerships outside of Pa.

Cochran said he had a long-standing relationship with the Sweeney family including Blackann and her father, Doug Sweeney. “There was a contact and kind of a, ‘What are you guys thinking about?’ After

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Hyundai-Genesis, Toyota, Stellantis and Ford dealerships sell in Q3, Q4 deals

Joe Caso, longtime owner of Frontier Toyota in Valencia, Calif., sold his dealership to first-time owner Aman Abraham late last year. Abraham’s newly formed Addis Automotive Group in Los Angeles purchased the store

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People Aren’t Leasing Cars, and It’s Killing the Used Market

Photo: Spencer Platt (Getty Images) More and more car shoppers in the U.S. seem to be foregoing leasing their next vehicle in favor of buying or financing them outright, according to a new

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Lithia Motors in talks to buy Jardine Motors in U.K., report says

In August, Sky News reported that Lithia presented “a board-approved nonbinding offer” for Pendragon, but noted the proposal was contingent on receiving “irrevocable commitments” from each of the company’s five major shareholders. However,

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Can dealerships charge over MSRP?

HOUSTON – For a lot of people, shopping for a new car has always been intimidating and frustrating and even more so in today’s market with higher prices. As consumers, we’ve been trained

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DMS provider Tekion senses an opportunity

From his perspective at Oracle, VMware, Tesla and elsewhere, Vijayan saw the auto industry as one of the fastest evolving — with electric cars, autonomous vehicles, subscription services and ride-hailing initiatives among other

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