Penske Automotive Group Inc. has acquired a Land Rover dealership in Darien, Conn. from the Darien Automotive Group. The dealership will generate an estimated $50 million annual revenue, the... Read more
Tesla is moving out of the mall and into full-size dealerships. As sources have told Automotive Buy Sell Report, Tesla has recognized that it can’t fully service its growing owner base... Read more
The Suburban Group isn’t going for expansion nationwide. It is growing in its home state of Michigan. Nice overview of Suburban Group’s acquisition activity in 2014 as well as o... Read more
Jason Kuhn has acquired the former Jim Ellis Volkswagen of Marietta. The store is now called Kuhn Volkswagen of Marietta. This is the third Volkswagen store for Kuhn and first Volkswagen fr... Read more
Apparently the U.K. banks are keen to provide funding to dealerships to acquire new stores, based on comments in this story about Cox Motor Group acquiring another Honda store. http:/... Read more
Greenway Automotive Group has acquired a Nissan dealership in Jacksonville, Fla. from AutoNation. The dealership, on Cassat Ave, is now called Westside Nissan. This is Orlando-based Greenwa... Read more
Hidy Motors of Dayton, Ohio has split the sale of its four dealerships among several buyers. Germain Motor Co. acquired the Honda and Ford franchises while Superior Auto Cincinnati acquired... Read more
Ed Napleton settled his case against Jaguar Land Rover charging the automaker improperly exercised its right of first refusal. http://www.autonews.com/article/20141229/RETAIL07/312299989/sto... Read more