Displaying items tagged: Fox Motors
Fox Motors buys 3 SE Michigan dealerships
GRAND RAPIDS — Fox Motor Group LLC has expanded its holdings in southeast Michigan with the acquisition of three dealerships from Ken Garff Automotive LLC.
Fox Motors expands to metro Detroit with two Erhard dealership acquisitions
Fox Motors has gained a foothold in the metro Detroit market by acquiring two longtime Farmington Hills-based dealerships.
Auto dealers face vehicle shortage as supply chain woes grip industry
In a typical year, Matt Koning likes to have up to 210 vehicles listed and ready to sell across his four used car lots. Right now, his inventory is sitting at 110 — and he still feels fortunate to have that robust of a supply.
Auto dealers say demand remains strong, as worries grow over new car inventories
The projected slide in new vehicle sales globally and nationwide paints a grim picture for the industry, but local auto dealership executives say there’s a disparity between the numbers and what they’re seeing on their lots.
M&A Awards: Fox Motors navigates complexities to acquire, consolidate pair of family-owned dealerships
When Fox Motors negotiates deals to buy other dealerships, the Grand Rapids-based company prioritizes treating sellers fairly in the transactions.