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New EFG Cos President and CEO Jennifer Rappaport outlines strategies for industry stability through training and innovation.
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Kerrigan Advisors’ Blue Sky Report shows 26% bump in first six months.
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Purchase adds its eighth dealership in the state, which it entered in 2021.
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Acquisition brings group's dealership total to 35 around the country.
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They remain more than triple prepandemic levels, while blue-sky values are also falling but are an estimated 2 1/2 times higher than in 2019.
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The 2022 Kerrigan Dealer Survey shows dealers still bullish about the future value of their businesses and acquisition plans.
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LaFontaine purchase is its second already this year as it continues brisk growth pace.
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Defying market headwinds, dealer groups plan to spend excess cash.
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Most survey respondents predict their profits will be flat or rise, though fewer expect an increase.
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