Honda and Stellantis dealerships traded hands in third- and fourth-quarter transactions that involved Lithia Motors Inc., Hendrick Automotive Group and Group 1 Automotive Inc.
Learn from dealers and industry leaders at Automotive News Retail Forum: NADA on Jan. 26 in Dallas including keynotes from Group 1 Automotive Inc. CEO Daryl Kenningham and dealers Larry Van Tuyl and Damon Lester.
Penske Automotive Group sold a Honda dealership in the fourth quarter, while a dealer and three auto retailers added stores to their holdings in separate fourth-quarter acquisitions.
Domestic and import dealerships in Massachusetts, Virginia, Wisconsin and Indiana traded hands in three first-quarter deals and a third-quarter 2022 transaction.
The Best Dealerships To Work For event was held in Nashville to celebrate an expanded group of stores that create great places to work and retain employees.