8 Key Points You Need to Know from the 2021 NADC Conference

We recently returned from the National Association of Dealer Counsel Convention (NADC) in Chicago. The keynote presentation by highly-acclaimed franchise law firm of Bass Sox Mercer, titled ‘Will Dealers Remain Relevant’ was a sobering message.

 

While it is difficult to focus...

11.10.21 01:46 PM - Comment(s)
Benefits of Selling Your Dealership Now Rather Than Later

None of us know for sure the trajectory of our industry and our country in this most unpredictable of times. Between political upheaval, catastrophic events, vehicle inventory shortages and economic instability, the current profitability of the auto industry may not be susta...

10.28.21 01:46 PM - Comment(s)
Hutting Group Acquires Durocher Chrysler Dodge Jeep Ram

The new name of the dealership is Huttig Chrysler Dodge Jeep Ram.  Julie Huttig is Dealer Principal of the new store as well as Huttig Nissan, also in Plattsburgh.  The Huttig family’s holdings include four franchised dealerships along with a group of NAPA Auto Parts stores in New Yor...

10.28.21 01:46 PM - Comment(s)
Effective Planning Now Will Minimize Your Future Tax Increases

If Your Assets Exceed Federal Estate Tax Exemption

If the value of your dealership and other assets exceeds the federal estate tax exemption, you should immediately create a plan that will minimize your estate tax exposure and maximize what your heirs will retain after taxes. 

  

If You ...

10.05.21 05:13 PM - Comment(s)
4 Reasons to Schedule Your Dealership Evaluation Today
With increased taxes on the horizon, industry consolidation, questionable futures, and at the same time higher dealership values, it's easy to see why owners are rethinking their long-term plans.
08.25.21 04:42 PM - Comment(s)