Luke Ramseth of The Detroit News reports Carvana’s seven recently acquired Stellantis dealerships have sold new vehicles to customers in 37 states. +
Thinking about selling your agency? APCO Holdings’ Courtney Hoffman urges principals to tackle oft-overlooked subjects like technology, long-term goals and the realities of transitioning from owner to employee. +
Atlanta will become Group 1 Automotive’s second-largest market with the billion-dollar purchase of Hennessy’s Automobile Companies’ 10 dealerships. +
Fidelity Dealer Services of Northern New Jersey joins the EasyCare brand with the latest in a series of agency acquisitions announced by APCO Holdings. +
Dealer Performance Group will operate under the EasyCare brand following APCO’s second major Southeast agency acquisition in as many months. +
Georgia Wheelz and its roster of independent auto dealers throughout the Southeast has been acquired by Georgia-based F&I product and dealer solutions provider APCO Holdings. +
Autoblog’s Leroy Marion reports on the “full replica” of a Georgia Lexus dealer’s online presence that convinced a would-be customer to pay $77,300 for a nonexistent vehicle. +
Carvana has purchased Sacramento (Calif.) Chrysler Dodge Jeep Ram, continuing a Stellantis dealership buying spree that started nearly a year ago, likely in an attempt to secure an in-house inventory channel. +
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. +
Lithia Motors has acquired Anaheim Hyundai, Huntington Beach Hyundai and Garden Grove Hyundai, all located in Southern California’s Orange County, from Nouri/Shaver Automotive Group. +
