5 notable automotive M&A deals in the first months of 2023
With dealership and OEM profits relatively high, increased consumer demand, and an uptick in retirees who are closing or selling their dealerships,...
With dealership and OEM profits relatively high, increased consumer demand, and an uptick in retirees who are closing or selling their dealerships, M&A activity has been high for several quarters now. There were numerous M&A deals throughout 2021 and 2022, and there have already been some quite notable ones in the first months of 2023. 1. Carson Toyota At the end of February, the Dave Cantin Group (DCG) announced it had helped facilitate the sale of Carson Toyota in Carson, California to Fletcher Jones Automotive Group .