AutoNation Inc. and four other auto retailers ranked on Automotive News' list of the top 150 dealership groups based in the U.S., were involved in the latest store merger and acquisition deals.
A South Carolina Volvo dealership was among the stores that traded hands in the latest buy-sell transactions tracked by Automotive News.
Acquisitions will bring Grubbs group's dealership count to 12 in Texas and Oklahoma.
Bennett Automotive, which also owns two new-vehicle dealerships and a truck rental business in London, Ont., has owned the Windsor Stellantis store for nearly 20 years.
Fresh off several 2024 dealership sales, AutoNation Inc. bought two Colorado dealerships in the first quarter.
Ontario's Performance Auto Group and B.C.'s Trotman Auto Group added to their portfolios in unrelated acquisitions.
ADAC CEO Jon Husby said the deal “supercharges” the company’s ongoing diversification strategy by tapping into more Tier 2 automotive business.
Deacon Jones Auto Group in January bought its first two dealerships outside of North Carolina, in southeastern Virginia.
Find out which auto retailers rose and fell on this year's Automotive News top 150 dealership groups list, plus other highlights.
As the number of dealership owners has decreased since the 1940s, Automotive News looks at whether that decline will continue.
Automotive News tracks dealership mergers and acquisitions. Lithia and Potamkin Automotive Group are among the groups selling.
The latest dealership buy-sell transactions tracked by Automotive News include stores purchased by #1 Cochran and Golling Automotive Group.
Despite turnaround efforts, the Canadian dealership group's 10-location U.S. operation has weighed heavily on its earnings in recent years.
