Recent Stories
Public retailers highlight risks

Many of the groups are concerned about the possibility of manufacturers, including electric vehicle startups, gaining the ability to sell their vehicles directly to consumers. They say those competitors who skirt state franchise laws could hurt their businesses.
Ford Morgan City
Hudson Automotive, TKO Group buy dealerships in Southern states

Hudson Automotive Group and TKO Group have increased their dealership counts with June transactions, while Grey Wolf Automotive Group has entered Alabama.
Llithia
Lithia adds 2 dealerships in L.A.

Lithia Motors, which says it is ahead of its dealership acquisition plans, bought its first BMW store in Southern California.
GPB and Prime fight with VW, Audi over dealerships

GPB and Prime Automotive still face hurdles with VW and Audi over attempted forced dealership sales and store termination notices.
GPB filing casts doubt over future of Prime

An auditor for the holding company that owns most of the assets of Prime Automotive Group has raised going-concern doubts for the limited partnership.
4 dealership groups expand with regional acquisitions

Here's a quick look at four dealership transactions involving Phil Long Dealerships, Great Lakes Auto Network, Pedder Auto Group and Checkered Flag Auto Group.
Penske enters Charlotte, N.C., market with purchase of Mercedes-Benz store

The auto retail giant said the acquisition of Mercedes-Benz of South Charlotte from Felix Sabates and Terry Taylor is expected to add $150 million in annual revenue.
Lithia
Lithia sells Hazleton Honda; Car Vision buys Hazleton Nissan

Two dealerships in Hazle Township, Pa., changed hands this year, most recently last month when Lithia Motors Inc. sold a Honda store it had acquired in 2019.
GPB sold many Prime dealerships for a loss

A GPB holding company that owns the majority of Prime Automotive Group's assets sold more than 20 dealerships in the past few years.
4 dealerships change hands in single-store deals; Morris, Thomas buy stores

Here's a quick look at four recent dealership transactions, including one by a new dealer.
Llithia
Lithia enters Las Vegas market with purchase of 4 stores

The Hyundai and Genesis dealerships are expected to add $225 million in annual revenue to Lithia's books.
Lum family acquires 2nd Toyota dealership

The Lum family already owns Lum's Auto Center, a Toyota-Chrysler-Dodge-Jeep-Ram store in Warrenton, Ore., and Lum's Buick-GMC-Cadillac in McMinnville, Ore.
Roger Penske at the Indy 500
Roger Penske's ready to roll at Indy

His first Indy 500 as owner of the track wasn't anything like he expected, with the grandstands empty because of COVID-19. But he's now preparing to host a crowd for the first time.
Dean Arbour Ford
Burt Watson group buys Ford store in Michigan

Burt Watson Auto Group has acquired its first Ford dealership, buying a store in Pinconning, Mich., from Matt Arbour of Dean Arbour Auto Group.
Bernie Moreno
Dealer Bernie Moreno unable to buy back Cleveland-area dealership

Moreno, who last month announced a bid for U.S. Senate in Ohio, said a handshake deal with dealership owner Terry Rafih fell through last month.