Melissa Burden

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

Many of the top dealerships across the country offer employee benefits and perks such as paid parental leave, four-day workweeks, stock investment opportunities, career development, paid training and more.

A new group bought its first dealership, another expanded to four stores in Oklahoma, a Michigan dealer acquired a Ford location, and a group on top 150 dealerships bought two stores in New York.

Domestic and import dealerships in Massachusetts, Virginia, Wisconsin and Indiana traded hands in three first-quarter deals and a third-quarter 2022 transaction.

A West Coast auto retailer bought and sold dealerships, a dealer acquired his first Ford store, a group grew to three stores and two brothers expanded their holdings, all in transactions that closed in the second and fourth quarters of 2022 and the first quarter this year.

L.A.'s iconic Felix Chevrolet changed hands, a group added another Kia store to its mix, and dealerships selling General Motors and Stellantis brands traded hands in fourth-quarter and second-quarter transactions.

Napleton Auto Group partners Paul Napleton and Danny Randolph acquired five dealerships in Wisconsin and Illinois in three 2022 transactions.

Dealerships selling Ford, Chrysler-Dodge-Jeep-Ram, Chevrolet-GMC and Mazda vehicles traded hands in third-quarter and fourth-quarter transactions across four states.

Penske Automotive Group sold a Honda dealership in the fourth quarter, while a dealer and three auto retailers added stores to their holdings in separate fourth-quarter acquisitions.

Stellantis, Ford, GM and Mercedes-Benz dealerships sold in fourth-quarter transactions across Montana, Missouri, New Jersey and Michigan.

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.

Infiniti, Toyota, Ford and Chevy-Buick-GMC dealerships sell in deals across four states.

Learn from dealers and industry leaders at Automotive News Retail Forum: NADA on Jan. 26 in Dallas including keynotes from Group 1 Automotive Inc. CEO Daryl Kenningham and dealers Larry Van Tuyl and Damon Lester.

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

Envision Motors acquires three Mercedes-Benz dealerships from Von Housen Automotive Group.