Al Hendrickson Toyota Sold to Morgan Automotive

Sale sets record for the highest blue-sky value ever paid for a single dealership, regardless of franchise.
Sale sets record for the highest blue-sky value ever paid for a single dealership, regardless of franchise.
Haig Partners’ Q2 report charts an astonishing 60% drop in buy/sell activity among U.S. auto dealerships and finds privately held stores and groups are increasingly focused on pre-owned sales.
Haig Partners announced the addition of John Davis, former partner with DHG Dealerships, as managing director.
A survey of Automotive News’ top 150 U.S. auto retailers finds per-copy averages grew 4.6% to $1,482 in 2018, fueling a 7.5% increase in total F&I revenue.
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