Krause Auto buys 3 Florida dealerships for more than $110M from Sutherlin Automotive
Krause Auto Group acquired three Florida dealerships selling Nissan and Genesis vehicles.
Krause Auto Group acquired three Florida dealerships selling Nissan and Genesis vehicles.
CDK CEO Brian MacDonald spoke about the dealership management system market and the company’s approach to innovation during the NADA Show in Las Vegas.
The positive view from the industry hasn’t stopped the deal from becoming a lightning rod in a U.S. election year, with opposition from the United Steelworkers union and several politicians.
Carlos Zarlenga, Stellantis’ new top North American executive, said conversations with dealers can help the automaker grow.
Dealers and their state associations have been working to strengthen protections in franchise laws, addressing emerging issues such as direct sales to consumers and costly sales standards for electric vehicles.