Gail Kachadourian Howe

Walser Automotive Group bought three domestic-brand stores in Bloomington and Eden Prairie, Minn., from Metropolitan Corp.

Dealership brokers say the market continues to appeal to both buyers and sellers because of strong store valuations and profits.

Lithia Motors Inc. was one of five top 150 retailers that bought or sold stores in deals recently tracked by Automotive News.

Three Chrysler-Dodge-Jeep-Ram stores in California, Georgia and Minnesota have new owners.

Freightliner retailer SelecTransportation Resources bought three stores from Keating Auto Group.

Frank Pena, who was president of a Potamkin Automotive Group dealership in Florida, bought three dealerships in New Mexico.

Three top 150 retailers were among the groups that bought stores in eight deals recently tracked by Automotive News.

Hendrick Automotive Group bought Foreign Cars Italia’s three locations in Charlotte and Greensboro, N.C., from Paramount Automotive Group.

Megadealer Terry Taylor sold two Nissan dealerships in North Carolina, part of four Nissan deals Automotive News tracked.

Publicly held AutoNation Inc. made its second acquisition in June with the three-store deal.