The pace of consolidation in the retail automotive industry has dramatically increased since the middle of 2020, including more large dealership groups being sold than ever before.  The Presidio Group leads investment banks in automotive-focused strategic...

Dealers are facing a moment of reckoning. They need to invest in a fully digital experience while also offering an offline sales process, at least for now. While the record profit levels generated in 2020 continue, the conditions that allowed that won’t last forever....

Succession has in recent years been a major driver behind the decision by auto dealership owners to sell. To be sure, that is still motivating many. But there are myriad other reasons owners sell, some unique to the ownership structure. We estimate family-owned...