Buffett Won’t Steer F&I, Defends Franchise Model

NEW YORK — Billionaire investor Warren Buffett and auto group magnate Larry Van Tuyl engaged in a lively discussion with CNBC’s Becky Quick at the NADA/J.D. Power Automotive Forum on Tuesday. The pair appeared several months after Buffett’s investment company, Berkshire Hathaway Inc., acquired the family-owned Van Tuyl Group, the nation’s fourth-largest auto retailer. The ... Read More »

Berkshire Hathaway to Acquire Van Tuyl Group

OMAHA, Neb. and PHOENIX, Ariz. — Van Tuyl Group, one of the largest privately-owned dealer groups in the United States, announced Thursday that it will be acquired by Warren Buffet’s Berkshire Hathaway Inc., the billionaire’s holding company. After the acquisition, the group will be known as Berkshire Hathaway Automotive. The Van Tuyl Group, which has ... Read More »

2009 Took a Toll on Top Retailers