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COMMENTARY: Politics move fast, car buyers move anyway; CPO is where affordability meets opportunity.
Politics move quickly. The auto industry moves much slower. Dealers often cite the political climate as a headwind, and it was one of their top worries in Cox Automotive’s most recent Dealer Sentiment Index survey. But elections rarely have an immediate impact on the car market. Consider this: when 2026 began, we forecasted that Americans […]
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COMMENTARY: The seven phases of an automotive retail M&A transaction
From valuation and confidential marketing to OEM approval and closing, successful dealership transactions demand preparation, disciplined execution, and an understanding of the industry’s unique complexities. I am regularly asked what it takes to buy or sell an automotive dealership. The answer is more involved than most people expect. Having been responsible for more than $1 […]
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Montway hires former Wheels COO as new CEO
Montway Auto Transport named a new CEO on Wednesday. Replacing Tom Gartland in that position is Ahsan Rahim, who was most recently chief operating officer at Wheels, Inc. Gartland, who became CEO in 2023, will continue as executive chairman on the board. “Leading Montway has been incredibly rewarding, and I’m proud of what our team […]
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