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News for the Automotive Industry

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NEWS RELEASE – FOR IMMEDIATE RELEASE | September 2023

TO:          Vermont Auto Dealers Association (VADA)

FROM:       Nancy Phillips Associates, Inc.

CONTACT:     Nancy Phillips, President | np@nancyphillips.com | 603-658-0004

          Carrie Phillips Forbes | carrie@nancyphillips.com | 603-658-0004

Nancy Phillips Associates Releases Mid-Year Edition of The Phillips Report

Nancy Phillips Associates has released the mid-year edition of The Phillips Report. This report is the only publication that specifically speaks to auto dealership transaction values, trends, and trajectories in the New England and Greater New York market areas. Download the report here.

In this issue, readers will learn how Greater New England averages compare to the industry average, why smaller dealerships in New England remain desirable, and best practices for creating a succession plan.

ABOUT NANCY PHILLIPS ASSOCIATES

Nancy Phillips Associates (nancyphillips.com) specializes in sales, acquisitions and evaluations of franchised automobile dealerships throughout the Northeast.  NPA has assisted Buyers and Sellers throughout New England and New York for more than 30 years. The team works alongside attorneys, accountants, appraisers and other industry experts to facilitate successful transactions.