Jack Walsworth

Lithia, one the most active players in the buy-sell market, will need to acquire 100 to 150 more dealerships in the United States, and possibly elsewhere, between now and the end of 2025 to reach its goal, says CEO Bryan DeBoer.

Martin Management Group grew its dealership counts in California, Ohio and West Virginia with three separate 2022 acquisitions.

Growing #1 Cochran Automotive entered a new state and added a new brand to its portfolio through two separate transactions.

Dealer Terry Taylor added a dealership to his portfolio, a former Lithia Motors general manager bought his first store and other dealers expanded their store holdings in third-quarter and fourth-quarter transactions in 2022.

Lithia Motors, which Sky News in August named as the unidentified bidder in a failed deal to buy auto retailer Pendragon in the U.K., is in talks to buy a different dealership group in the U.K., Sky News reported Monday.

In the backdrop of a bustling dealership buy-sell market that continues to see private groups and publicly traded auto retailers buying stores, a number of first-time buyers are joining them.

Lincoln, Cadillac-Buick-GMC, Chevy and Ford dealerships traded hands in Q4 and Q1 transactions in four states.

Nick Gronenthal arrives at a crucial time as Volvo heads toward becoming an all-electric brand by early 2030.

Production of McLaren's 720S supercar ended in 2022. What happens next is less clear.

Chrysler-Dodge-Jeep-Ram, General Motors and Mercedes-Benz dealerships were sold in fourth-quarter transactions in three states. Two of the transactions involved Canadian dealership groups — Alpha Auto Group and Foundation Automotive Corp. — buying U.S. stores.

The Volvo EX90 will feature Google HD Maps, which provides detailed and updated road information, in the latest partnership between the luxury automaker and the tech giant.

Honda and Stellantis dealerships traded hands in third- and fourth-quarter transactions that involved Lithia Motors Inc., Hendrick Automotive Group and Group 1 Automotive Inc.

For McLaren Automotive's small group of U.S. dealers, it's a time of high profitability and new or freshened facilities, says Nicolas Brown, McLaren's president of the Americas.

Morgan Automotive Group closed on the purchase of two Kia dealerships from LMP Automotive Holdings in December. LMP Automotive sold another dealership in Tennessee and said it is under contract to sell two more franchised stores.