While valuing an auto dealership involves using the same three approaches that are used to value any business (income, market and asset), there are unique
In light of the United States economic crisis, the government is seeking to improve financial and consumer regulations. In December 2009, the House of Representatives passed their version of the Wall Street Reform bill and on Thursday, May 20th, the Senate passed their version with a 59-39 vote.
The IRS is determined to classify auto dealers as wholesale distribution centers rather than retail stores. Dealers would then be required to use a complicated formula - UNICAP - to formulate capital costs as inventory...which may increase their taxable income. Bob Banidi provides an overview.
Ford’s Go Green Dealership Sustainability Program was unveiled over the weekend at the NADA convention in Orlando, Florida. Under the program, Ford will collaborate with dealers to implement cost-effective ways to improve the energy efficiency of their facilities. Specifically, Ford hopes the end result will be the long-term reduction of an individual dealer’s carbon footprint, as well as operating costs.
