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A Closer Look at Current Dealership Buy/Sell Activity

I had the honor of being asked to participate in a Q&A panel on the reasons behind a remarkable rise in dealership buy/sell activity in 2021. The other participants where two individuals for whom I hold a great deal of admiration and respect–dealer Don Flow, Chairman and CEO of Flow Automotive Companies and Alan Haig, Founder and President of Haig Partners.

The piece offers perspective on why consolidation has taken off this year, creating a level of buy/sell activity the industry hasn’t seen since public dealer groups began purchasing stores in the 1990s, and the factors driving some dealers to decide now’s the right time to exit the business.

You can read the Q&A discussion in this week’s Automotive News here.

The post A Closer Look at Current Dealership Buy/Sell Activity appeared first on Dale Pollak.

About the Author

Dale Pollak serves as executive vice president for Cox Automotive, a position he’s held since the company he founded, vAuto, became part of the Cox family in 2010. At Cox, Dale helps drive integrated innovation across the company’s auction, media and software divisions to help dealers increase efficiencies, sales volumes and profitability. The latest innovation, ProfitTime GPS, debuted in 2021 and helps dealers move beyond Velocity to a Variable Management strategy for optimizing the ROI for their used vehicle investments. The innovation, built on the breadth and depth of inventory data science at Cox Automotive, extends vAuto as the premier inventory management solution provider for franchise and independent dealers, serving more than 14,000 dealers. Dale has authored six books that showcase his perspective and thought leadership for the retail automotive industry. He published his latest book, “Whole Truth: A Fresh, Money-Making Method for Wholesale, the Most Misunderstood Side of Your Business,” in 2022.

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