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Jack Walsworth

Jack Walsworth

Reporter covering dealership buy-sells for Automotive News

[email protected]

313-446-6029

See All Staff Page
Recent Stories
Southloop-MAIN_i.jpg
Group 1 sells Hyundai dealership; Ken Garff Automotive buys Subaru store

Group 1 Automotive sold a Hyundai store to a growing Canadian retailer expanding its presence in the U.S., while Ken Garff Automotive and Geaux Automotive added to their portfolios in second-quarter transactions.

Ken Ganley Automotive Group
Q1 buy-sells tracking on same busy pace as '21

Dealership buy-sell activity in the first quarter of 2022 was similar to that of the same period in 2021, according to data compiled from industry experts and Automotive News.

Nassief Ford-MAIN_i.jpg
Victory Automotive Group buys Honda, Ford-Hyundai-Toyota dealerships

Victory Automotive Group, one of the largest privately owned dealership groups in the U.S., made its first acquisition since December 2021.

Tucson Subaru-MAIN_i.jpg
Mazda, Subaru, Chevy-Buick and Nissan dealerships sell in four states

Two of the largest privately held dealership groups in the country and two other auto retailers grew their footprints with second-quarter acquisitions.

Stephanie Morris bought this standalone Chevrolet store in Okmulgee, Okla., last year, and bought two more standalone dealerships — in Missouri and Colorado — this year.
Standalone 1-franchise stores hot in 2021

Of the 382 buy-sell transactions tracked by Automotive News in 2021, about a quarter of the deals were for standalone, single-franchise dealerships.

FutureHonda_i.jpg
Subaru, Kia, Honda, Chevy and Stellantis dealerships sell in acquisitions in four states

Two larger dealership groups expanded in second-quarter transactions on the East and West coasts, while two smaller auto retailers also added stores in first-quarter and second-quarter purchases.

BLACKSTONETOYOTA_i.jpg
American Motors enters Fresno, Calif., with purchase of Toyota, GM, VW dealerships

American Motors bought five dealerships in two transactions over the past two months.

ROSEN-MAIN_i.jpg
Kia, Hyundai, Chevy, Stellantis and Ford dealerships acquired in 2 states

Kia, Hyundai, Chevy, Stellantis and Ford dealerships sold in second-quarter transactions in New York and Wisconsin.

hands shaking in front of money
Legacy Automotive raises $500 million to fuel dealers making acquisitions

Legacy Automotive Capital is aiming to deploy $500 million over the next 36 months by assisting dealers in acquiring property in buy-sell transactions or providing them capital via a dealership sale-leaseback.

West Herr Honda_i.jpg
Victory Automotive Group sells Honda dealerships in New York, Alabama

Victory Automotive Group, which bought three dealerships in 2021, sold two Honda dealerships last month.

Teton Motors has rental units atop its Subaru dealership and its collision center, where Marilyn Garcia, right, the group’s title clerk and receptionist, lives with her family.
Wyoming dealership group offers employees housing at below-market rates

Teton Motors in Jackson, Wyo., has taken on the challenge of a pricey housing market by offering employees less expensive housing.

LouFusz-MAIN_i.jpg
Ford, GM, Audi, VW and Mitsubishi dealerships trade hands in 4 states

Here's a look at dealership sales involving domestic, luxury and import stores.

LithiaSubaruofGreatFalls-MAIN_i.jpg
Lithia Motors sells Subaru dealership; Dobbs buys Chevy store

Three dealerships in three states trade hands in separate transactions spanning from December to May.

Stephen Cavender and Dale Daniels
Cavender Auto Family enters Oklahoma with purchase of two Ford dealerships

Texas-based Cavender Auto Family bought its second and third Ford dealerships with an acquisition in neighboring Oklahoma.

ToyotaofIowaCity-MAIN_i.jpg
Acura, Mazda, Toyota and Chevy dealerships among stores purchased in Q1, Q2 transactions

Dealers buy import, luxury and domestic dealerships across five states in first-quarter and second-quarter transactions.

  • Load More
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  • NEWS
    • Dealers
      • Access F&I
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      • Marketing
      • Used Cars
      • Retail Technology
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      • Best Practices
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        • Done Deals
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      • NADA Show
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      • Regulations & Safety
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        • Mini
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      • Daimler
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        • Cadillac
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      • Toyota
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        • Lamborghini
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        • Skoda
      • Volvo
      • (Discontinued Brands)
    • Cars & Concepts
      • Virtual reveals (Sponsored)
        • NISSAN: 2023 Z
        • MITSUBISHI: 2022 Outlander
        • NISSAN: 2022 Pathfinder and 2022 Frontier
        • GENESIS: 2021 GV80
        • KIA: 2021 K5
        • LEXUS: 2021 IS
        • NISSAN: 2021 Rogue
        • TOYOTA: 2021 Venza and 2021 Sienna
      • Auto Shows
      • Future Product Pipeline
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  • DATA CENTER
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    • Events
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      • Notable Champions of Diversity
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  • JOBS
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  • +MORE
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    • Podcasts
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      • Download Apps and Podcasts
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    • In the Driver's Seat
      • AAM
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      • CNA National
      • Cox: Video | Cox VP on advancements in digital car buying for dealers and customers
      • Polly
      • Spectrum Reach
      • Truist
      • Acxiom: Acxiom VP on the intersection of analytics and car shoppers
      • Blue Yonder
      • CDK Global
      • Cox
      • Cox
      • Cox
      • DealerPolicy
      • Deloitte
      • Equifax
      • Equifax
      • Gentex
      • IHS Markit
      • MSX International
      • Micron
      • Qualcomm
      • Remember Group
      • Reputation.com
      • Ricardo: Dave Shemmans
      • Ricardo: Marques McCammon
      • Salty
      • T-Mobile
    • Publishing Partners
      • Ally: All Ears Podcast 1 | Used Car Bubble
      • Big Ass Fans: Reducing risk and productivity loss with Big Ass Fans & evaporative coolers
      • Cox: Transformation toward eCommerce in automotive retailing
      • Cox: Transforming F&I for Automotive eCommerce
      • Easycare: Reinventing the service contract for EVs
      • Easycare: The importance of benchmarking your reinsurance performance
      • Experian, GroundfTruth and Spectrum Reach: Dealership marketing: Navigating automotive advertising in a post-pandemic world
      • Experian: Three steps to adapting to constant change in automotive marketing
      • Haig Partners: Buy-Sell Q&A: Where the Automotive M&A Market is heading
      • Haig: Buy-Sell Q&A: What is the value of an M&A advisor?
      • JM&A Group, Easycare, Assurant: Unlocking new opportunities in F&I with digital retailing
      • Kerrigan Advisors: Interview with Hitchcock Automotive
      • Siemens: The impact of vehicle electrification and connectivity on electrical system design
      • Swiss Re: Insurers and car manufacturers: how to unlock the potential of true collaboration
      • Text2Drive: Digital retailing meets the service department
      • Urban Science: Promoting dealer-consumer alignment across continued industry evolution
      • Western Digital: To Meet Consumer Demand, Automakers Must Double Down on Agile Development
      • Wipro: How to address safety and security for software-defined vehicles
      • Wipro: The Promise of Software-Defined Vehicles and the Cloud Car Ecosystem
      • Wipro: Video | Wipro CTO on how OEM's are leveraging software-defined vehicle technology
      • Notarize: What to expect for the future of auto sales
      • Seagate: Unlocking value from connected-car data
      • Amazon Web Services: AI-powered supply chain decision-making
      • Epic Games: Five ways in-car designs will change in the next five years
      • Haig Partners: How are dealerships being valued today?
      • Haig Partners: Dealership consolidation trends
      • Haig Partners: Dealership valuation trends
      • Haig Partners: Dealership succession planning
      • Ally: Navigating the future of automotive retailing
      • Google: How a century-old brand is transforming the auto industry
      • Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction?
      • Solera | DealerSocket: Four real-time integrations that can save your dealership time
      • Solera | DealerSocket: Time for a new pre-owned pricing tactic
      • Kerrigan Advisors: Blue Sky Update Q4 2021
      • Qualcomm: Trading multi-year design cycles for on-demand features and experiences
      • Synchrony: 5 Ways to Help Motivate and Retain Employees
      • Twitter: EV adoption is happening...in an unexpected place
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