New York Auto Forum Highlights Surge in Mergers and Acquisitions in Automotive Industry

The New York Auto Forum, hosted by J.D. Power, NADA, and the New York International Show, featured notable speakers discussing M&A, market conditions, and growth strategies in the automotive industry. Key takeaways include a surge in M&A, shifting market conditions impacting dealership values, and opportunities for strategic growth and expansion through partnerships and investments. Alan Haig highlighted the impact of economic cycles on dealership trades, emphasizing the trend toward larger and more capital-intensive dealership operations.