Insights & Articles

A monster wave can crush you, or give you the ride of your life. Surfers will tell you that the difference often comes down to timing. There is a monster wave coming for the auto industry and the media is calling it the Silver Tsunami. It is a wave of Baby Boomers hitting retirement age at a rate of 10,000 a day.

Scott Biehl set out on a path 32 years ago to own his own car dealership, and he has moved higher and higher up the ladder toward that dream over the years. He reached the top of the ladder last week when he became the dealer principal of Mercedes-Benz of Fresno.

Ramon Alverez owned Alvarez Jaguar in Riverside, California, for almost 25 years. It’s never an easy decision to sell a business you’ve poured your blood, sweat and tears into, but Alvarez decided it was time.

How many times have you said, “When I retire, I’m going to _____?” Golf? Vacation? Hang out with the grandchildren? Learn five question to ask before you decide to retire.

When a car dealership owner decides to sell a store, it is a big — even life-changing — decision. The dealership is more than a business. It's an identity. It's a legacy. See the 3 rules for a successful sale.