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In the mid-1950s Ford Motor Co., asked Mr. Tuttle to talk to a dealer in Tucson, Arizona, who was ill and needed to sell his Ford store. After meeting for about 15 minutes, Holmes Tuttle agreed to buy Monte Mansfield Ford. Today, more than a half century later, this dealership is still Holmes Tuttle Ford. [2]
Tuttle earned a Bachelor of Arts from Stanford University, and earned his Master of Business Administration degree at the University of Southern California. [3] [4] Tuttle is the son of Holmes Tuttle, founder of the Southern California chain of auto dealerships and, in the 1960s and 1970s, a prominent force behind the political rise of actor Ronald Reagan.
In December 2019, Asbury agreed to buy Texas-based Park Place Dealerships, a collection of luxury vehicle dealerships in the Dallas/Fort Worth area, for $1 billion. [15] On March 24, 2020, the deal was canceled amid concerns due to the COVID-19 pandemic. [16] However, a modified deal was reached on July 6 of that year [17] which closed on ...
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Founded in 1968 by James M. (Jim) Moran, JM Family has grown from a core distribution business importing Japanese cars into a diversified automotive corporation whose principal businesses focus on vehicle distribution and processing, financial services, finance and insurance products, retail sales and dealer technology products and services.
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