Recent Stories
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Four dealerships sell in South, Northeast

Springhill Automotive and Quirk Auto Group were among dealership buyers.
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Four dealerships sold in Mo., Pa., Ariz. and Ohio

Here's a look at recent transactions involving dealerships that sold in Missouri, Pennsylvania, Arizona and Ohio that sell domestic, import and luxury brands.
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Six dealerships sell in Kan., Nev. and Mo. transactions

Dealers Ed Bozarth and Bob Beine sold stores to different buyers last month. The transactions were for dealerships in Kansas, Nevada and Missouri.
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Graham Ourisman Automotive on the hunt for more dealerships

Graham Holdings Co. and Chris Ourisman of Ourisman Automotive Group continue to seek more dealership acquisition targets after buying a Ford store in Virginia last month. That dealership marked the fourth store in a partnership that formed in early 2019.
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Four dealerships change hands in N.Y., Ala. and N.C.

These four single-store transactions closed in the fourth quarter.
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Three domestic-brand dealerships change ownership in Mich., Fla., Calif.

Three dealerships were sold in transactions late last year in Michigan, Florida and California.
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Three groups buy dealerships in December transactions

East Hills Auto Group, Bergey's Inc. and the Viva & Fiesta Auto Group each acquired dealerships in December.
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Former AutoNation CEO Cheryl Miller lands new CFO job

Cheryl Miller, who left AutoNation as CEO in 2020 after a year and in early 2021 joined JM Family Enterprises as CFO only to shortly leave that post, has a new CFO position with a retailer.
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Schedule change improves culture, retention

Fred Anderson Toyota of Sanford in North Carolina has improved its retention rate for sales reps since its January 2021 schedule change for sales staff and finance-and-insurance managers.
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Three dealership groups, former general manager buy dealerships in December

Swickard Auto Group, Key Auto Group and Gerald Auto Group each bought dealerships in December transactions, while a former dealership general manager bought his first store this month.
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Prime files protest against Subaru of New England in N.H. over denial of Group 1 acquisition

Prime Subaru of Manchester in New Hampshire is seeking a hearing as part of a protest filed with the state's Motor Vehicle Industry Board over Subaru of New England's refusal to approve Group 1 Automotive Inc. as buyer of the dealership.
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Three dealership groups expand with December acquisitions

Three dealership groups have expanded in Mississippi, South Carolina and Pennsylvania with acquisitions that closed this month.
Open Road Capital and Rinaldi Halim partnered to buy Sierra Chevrolet, Sierra Honda and Sierra Subaru, all in Monrovia, Calif. “It gave me an opportunity to also become a landowner,” he said.
Open Road Capital steers Bain funds into dealerships

The auto-retail investment company expanded its dealership investments in 2021. Last year, it announced it had partnered with Bain Capital Credit. Now it's using that funding to work with franchisees and help them grow.
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Four dealerships change hands in single-store transactions

Group 1 Automotive sold a luxury dealership during the fourth quarter to Bayway Auto Group, while West Herr Automotive and two other dealership groups purchased stores.
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Ricart Automotive adds 2 Ohio dealerships

Ricart Automotive Group, led by 2020 National Automobile Dealers Association Chairman Rhett Ricart, has purchased two dealerships in Columbus, Ohio.