Three franchised dealerships in Ottawa, Ill., were purchased from Bill Walsh Automotive Group by Home Run Auto Group in early December only to be resold weeks later. +
Protective Asset Protection has completed its acquisition of Portfolio, a move executives say will “set the standard” for F&I and reinsurance technology, products and administration. +
ZT Automotive has entered the Florida market and grown its footprint to 16 stores with the acquisition of four Tampa Bay-area franchises from Maus Family Automotive. +
Canada’s Go Auto has entered its second U.S. market in less than a month with the acquisition of Sunrise Ford Fontana and Sunrise Ford North Hollywood from Knight Auto Group. +
Canada’s Go Auto has acquired all three of Car Pros Automotive Group’s dealerships in the state of Washington, reducing Car Pros’ footprint to its six California stores. +
The latest report from Kerrigan Advisors shows the number of dealership buy-sells could exceed 2024’s record of 438 by year’s end as strong sales and earnings propel consolidation. +
Hudson Automotive Group has acquired all 15 Baton Rouge, La.-area All Star Automotive dealerships, which collectively account for 17% of the market’s new vehicle sales. +
Carvana has purchased San Diego Chrysler Dodge Jeep Ram from Sunroad Automotive Group, the dealer disruptor’s third new-car store and its first in the nation’s No. 1 auto market. +
PCMI has added administration software systems supporting contract and claims management to its growing technology stack with the acquisition of StoneEagle’s Enterprise Solutions Business Unit. +
Penske Automotive announced the acquisition of four Toyota and Lexus dealerships in California and Texas, including the nation’s highest-volume Toyota store. +
