News and Insights
Recent Press Releases
STEIN NAMED MANAGING DIRECTOR AT THE PRESIDIO GROUP
SiriusXM host, former Automotive News Publisher, to lead media, marketing & communications DENVER/ATLANTA — July 5, 2023 — The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and...
AUTOMOTIVE NEWS RETAIL DIRECTOR JOINS THE PRESIDIO GROUP
Wilson takes on newly created role of Director of Research and Communications ATLANTA — June 1, 2023 — The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in the...
THE PRESIDIO GROUP ADVISES ASBURY AUTOMOTIVE ON THE SALE OF MCDAVID ACURA OF AUSTIN
Asbury exits non-core market with strategic sale to Umansky Automotive Group AUSTIN, TX — May 17, 2023 — The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising, and investments in...
Insights
WHY DEALERSHIPS MUST OFFER A SEAMLESS END-TO-END VEHICLE PURCHASE EXPERIENCE
Before March, dealerships were taking baby steps towards a true end-to-end online retail experience. COVID-19 upended that strategy. Suddenly the only way dealers could sell to consumers was online. The step-by-step move to digital was replaced by a headlong rush....
DIGITAL WHOLESALE AUCTIONS ARE HERE TO STAY AND WILL ONLY GROW
There has been a fundamental shift in consumer behavior as a result of COVID-19. It is changing both the retail and wholesale sides of the automotive business. Take used vehicle auctions. While physical auctions will be here for a while longer, an ever-larger...
PUTTING EMPLOYEES FIRST DURING CRISIS WAS ALSO GOOD BUSINESS FOR DEALERSHIPS
Dealerships are linchpins of their communities and as COVID-19 caused widespread hardship, dealers stepped up to help in myriad ways. From taking lunches to local hospitals to sourcing personal protection equipment for first responders, they were there when they were...
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