Insights
In the Media
Auto dealership M&A accelerates as private buyers take the wheel – Dealspeak North America
Day Pitney Corporate Partner Laurence Smith was recently featured in Mergermarket, where he discussed the accelerating consolidation in the auto dealership sector and the market dynamics influencing valuations. In the article, he highlighted the potential impact of economic and regulatory pressures on manufacturers and dealers alike.
Smith noted that “OEMs have sustained and recognized substantial losses related to the reversal of electrification in the US, and have largely borne the brunt of the tariffs,” warning that passing those costs on to dealers could dampen sales and widen valuation gaps.
