Category: Updates

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Axiom Advisors & VVH CPAs & Associates would like to thank NADC for a great Fall Conference in Chicago this week.  We are grateful for the opportunity to be part of this event and to be part of the:

In-House Counsel Breakout Sessions: Corporate Compliance & Ethics Programs: The Internal Investigation HR & Operations.

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What happens in Vegas doesn’t always have to stay in Vegas!

A huge Thank You to the AICPA for putting on such a great Dealership conference at the Bellagio in Las Vegas last week, and for bringing us back as the Platinum Sponsors! We are so grateful to be a part of the event and to have presented about dealership fraud prevention.  For any of you who were not able to attend, please feel free to download our presentation for your reference.

We look forward to seeing everyone again next year at Caesars October 26-27, 2017!

Download our Presentation

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What Dealers and their Management team can learn and apply to their operations from one of the premier fine timepiece retailers in the world.

Four years ago today Axiom Advisors was officially launched.

We did so under the belief that retail automotive dealers were being under-serviced and in a way, under-appreciated as clients. 

In writing an analysis for this year’s WardsAuto Megadealer 100, I wanted to embody some of what I have learned over the last 20 years of being in and around dealerships.

The growth of megadealers is significant.

In the beginning of auto retailing and for several decades afterwards, the automotive retail space was primarily dominated by individual owners with single franchises in hometowns.

The news of George Soros looking to acquire a dealership group has not only fanned the flames of dealership consolidation, but has helped nudge up already-high dealership blue sky prices.

From a dealer’s perspective, the deal is great news. And will it set the stage for a Chinese automaker finally debuting in the U.S.? In a WardsAuto Megadealer 100analysis I wrote in May, I predicted major changes would occur this year among the ranking’s top 10.

The following month, No.9 Lithia Motors announced plans to acquire DCH Automotive.

While that deal was surprising to some people, news that Warren Buffett’s publicly traded Berkshire Hathaway investment company plans to acquire the Van Tuyl Group is a shocker. Van Tuyl ranks No.6 on the WardsAuto Megadealer 100.

In that May analysis, I raised the question whether Van Tuyl still would be a privately held company by next year. I had sensed something was going to happen, but I did not anticipate Warren Buffett’s involvement.

So what does this mean for the industry? What can we expect?

From a dealer’s perspective, this is great news. It not only [...]

Axiom Advisors Phil Villegas has given a workshop presentation at this year NAMAD Annual Membership Meeting about “Being a Minority and a Great Car Dealer Are Not Enough….Steps to Consider and Employ When Approaching Your Next Open Point Application.”

Phil Villegas has been acknowledged on his Megadealers on the Move prediction by Steve Finlay WardsAuto article – One Megadealer Buys Another

“In a WardsAuto analysis last month, Phil Villegas, a principal at Axiom Advisors, a dealership consulting firm specializing in mergers and acquisitions, predicted a top-tier megadealer would consolidate with another top-tier counterpart this year.

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