DEALERSHIP BUY-SELL NEWS

ZT Automotive, which rebranded from ZT Motors, is eying to expand its dealership holdings by five-fold in the coming years largely through acquisitions.

Three top dealership groups were involved in Q4 transactions, with five stores trading hands.

LaFontaine Automotive plans to use capital gained from divestitures to add dealerships in targeted markets.

Four dealership groups expanded their presence with import and domestic stores across four states in third- and fourth-quarter acquisitions.