Auto Dealerships

May 3, 2021

Year-End 2020 Auto Dealer Industry Newsletter Release

We are pleased to release our latest issue of Value Focus: Auto Dealer Industry Newsletter.  The newsletter features a commentary on industry data from year-end 2020.

Additionally, this issue includes two timely articles.  The first article discusses the seven factors of a highly effective Buy-Sell Agreement for auto dealerships.  When present, these factors can help reduce the risk of litigation upon a triggering event or business divorce.

The second article discusses the computer chip shortage, including how computer chips are used in the automotive industry, how the chip shortage came to fruition, how it is currently affecting the industry, and what it all might mean for auto dealers going forward.

Click the link below to download this latest issue.

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Value Focus: Auto Dealer Industry

Download the Year-End 2020 Newsletter

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David Harkins to Speak at the 2026 NTCHBA Conference
David Harkins to Speak at the 2026 NTCHBA Conference
Mercer Capital is pleased to announce that David W. R. Harkins will attend and speak at the National Trust Closely Held Business Association’s 2026 Conference, taking place September 28-30th, 2026, at the Drury Plaza Hotel in Downtown Nashville, Tennessee.NTCHBA is a not-for-profit organization that serves as an educational and informational resource for professionals in the corporate fiduciary, trust, and estate industries. Its membership includes specialists in bank trust departments who manage closely held business interests, as well as business appraisers, attorneys, and other professional advisors.On Wednesday, September 30th, Harkins will present “Beyond Blue Sky: How Earnings Normalization, Divergence, and Ownership/Governance Structure Are Influencing Valuations for Auto Dealership Groups.” The presentation will explore the fundamentals of auto dealership valuation, key drivers of dealership and auto group value, current market conditions, and the continuing normalization of earnings following the pandemic. Harkins will also discuss circumstances in which dealership valuations may be needed, including estate and succession planning, ownership transfers, partner disputes, marital dissolution, and potential transactions.David W. R. Harkins, CFA, CPA, ABV, CFF, is a Vice President at Mercer Capital and leads the firm’s Auto Dealership Industry team. He has been involved in hundreds of valuation and litigation support engagements across a broad range of industries and provides valuation analyses for gift and estate tax planning, mergers and acquisitions, litigation, fairness and solvency opinions, employee stock ownership plans, and other needs of privately held businesses. David is a regular contributor to Mercer Capital’s Value Focus: Auto Dealership Industry Newsletter and Auto Dealer Valuation Insights blog. He is also a recipient of the AICPA’s 2024 FVS Standing Ovation award.Mercer Capital provides valuation and financial advisory services to closely held and family-owned businesses, fiduciaries, and professional advisors nationwide. Across a broad range of industries, the firm assists clients with gift and estate tax planning, succession and ownership transitions, mergers and acquisitions, financial reporting, and disputes.Mercer Capital looks forward to connecting with trust and estate professionals in Nashville and contributing its auto dealership valuation perspective to this year’s conference. Additional information and conference materials are available on the NTCHBA website.
August 2026 SAAR
August 2026 SAAR
August 2026 auto sales improved as SAAR rose to 16.8 million units, while tighter inventories, elevated transaction prices, and record August monthly payments continued to shape market conditions. Affordability remains the key constraint heading into September despite resilient demand and relatively balanced inventories.
Auto Dealer Valuation Insights Blog Auto Dealerships
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Q2 2026 Auto Dealer Earnings Calls: Strategic Capital Remains Active
Q2 2026 Auto Dealer Earnings Calls: Strategic Capital Remains Active
Second quarter auto dealer earnings calls highlighted significant strategic capital activity, including Group 1 Automotive’s Hennessy acquisition and a proposal to take Penske Automotive Group private. Dealers are also monitoring returning off-lease supply and the developing economics of Chinese OEM franchises.

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