Episode #1407: Dealership buy-sell activity surges even as profits normalize, GM proves subscriptions are becoming a serious profit center, and Waymo's robotaxis discover that finding a legal parking spot might be harder than driving themselves there.
news.dealershipguy.com/p/dealership-buy-sell-deals-are-on-the-rise-despite-lower-profits-presidio-reports
Buy-sell activity has picked up 23% year over year, showing dealers remain confident in the long-term value of retail automotive. Presidio's latest reports suggest operators are playing the long game—buying strategically, pruning portfolios, and betting on execution over peak earnings.
-64% of dealers want to buy a store in the next year, while the share looking to sell climbed to a record 18%.
-Buyers are getting more selective, looking at brand strength, market position, facility costs, and long-term. Portfolio optimization, not exits, is driving many sales.
-Blue-sky multiples climbed for Lexus, BMW, Toyota, Chevrolet, an...