Consolidators hit speed bumps

Pletz, John
March 1999
Indianapolis Business Journal;03/15/99, Vol. 19 Issue 53, p1
Reports on how consolidation has altered the car-selling landscape in Indianapolis, Indiana. Firms that bought up dealerships including Republic Industries Inc., United Auto Group Inc. and CarMax, Family Auto and Ford; Mixed results reported by companies from the consolidation trend.


Related Articles

  • UnitedAuto poised to add more stores. Henry, Jim // Automotive News;12/4/2000, Vol. 75 Issue 5906, p8 

    Reports the plans of the UnitedAuto Group to acquire dealerships in the United States. Negotiations of the company with lenders for an increase in borrowing power; Dealerships operated by the company; Percentage of vote held by company shareholders.

  • UnitedAuto Group buys five California dealerships. Snavely, Brent // Crain's Detroit Business;8/23/2004, Vol. 20 Issue 34, p4 

    Bloomfield Hills-based United-Auto Group Inc. said August 9, 2004 that it has completed the acquisition of five auto dealerships in the San Francisco Bay area from Ted Stevens Automotive Network. UnitedAuto purchased three Honda and two Acura dealerships, and it expects that the dealerships will...

  • UnitedAuto makes 3 acquisitions. Snavely, Brent; VanderHart, Dirk // Crain's Detroit Business;7/19/2004, Vol. 20 Issue 29, p20 

    Bloomfield Hills-based UnitedAuto Group Inc. has announced three acquisitions this month. The first, Mercedes-Benz of Chandler, Arizonia, is expected to generate about $70 million in annual revenue. The second, Aston Green, will bring about $150 million annually. Aston Green owns four Audi...

  • Big dealers getting bigger; Republic is biggest of all.  // Automotive News;8/28/2000 Anniversary Supplement, Vol. 74 Issue 5890, p80 

    Focuses on the consolidation among automobile dealers in Detroit, Michigan in the year 1997. Prevalence of publicly-owned dealership groups; Accounts of the total number of acquired dealership groups by Republic Industries.

  • CRAIN' LIST: Largest mergers and acquisition.  // Crain's Detroit Business;1/31/2005, Vol. 21 Issue 5, p14 

    The article presents a list of largest mergers and acquisitions. It reports that shareholders at the Kmart Holding Corp. receive one share of new company for each share of Kmart. Sears Holdings Corp. shareholders can receive $50 or one-half share of Sears Holdings for each Sears share....

  • More links in the chain.  // Automotive News;10/31/2005, Vol. 80 Issue 6174, p42 

    This article reports that Bloomfield Hills, Michigan-based UnitedAuto Group Inc., Roger Penske's dealership chain, is adding six dealerships in the San Diego, California area. Acquiring Cush Automotive Group will add about $300 million in annual revenues to UnitedAuto. Cush has Honda, Acura and...

  • United Auto's public plan faces factory restrictions. Henry, Jim // Automotive News;10/14/1996, Vol. 71 Issue 5682, p8 

    Focuses on the efforts of United Auto Group to acquire Evans Automotive Group in Georgia, and Standefer Motor Sales in Tennessee. Estimated amount of money earned by United Auto for the first half of 1996; How factory restrictions could affect United Auto from acquiring the two entities. ...

  • United Auto acquires 3 groups. Henry, Jim // Automotive News;11/11/1996, Vol. 71 Issue 5686, p28 

    Reports on the acquisition of Sun Automotive Group, Evans Automotive Group, and Standefer Motor Sales Incorporated, by United Auto Group. Other information on the acquisition.

  • UnitedAuto seeks $250M for more acquisitions. Henry, Jim // Crain's Detroit Business;12/11/2000, Vol. 16 Issue 50, p4 

    Reports on the acquisition plans of UnitedAuto Group Inc. Increase of borrowing power of the company; Downturn in auto sales forecast for 2001.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics