The Q3 2021 Haig Report, the leading industry quarterly report that tracks trends in auto retail and how they impact dealership values, was featured in the Automotive News article, "Buy-sell frenzy set to continue in 2022."
"At the same time the dealership profits are high, there's a lot of demand from buyers who want to grow," said Alan Haig, president of Haig Partners. "I think that the public companies have certainly embraced a strategy similar to what Lithia's been espousing for the last couple years which is: Many of them want to have dealerships distributed across the country that are close to consumers and then use their digital retailing platforms to sell and service customers that are outside the immediate area. And that is a strategy that's being adopted by many privately owned groups as well."
Read the full article here [may require a subscription].
