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Sonic purchased two dealerships from PPE Houston in January 2007. The acquisition of the Land Rover and Jaguar stores brought Sonic to 173 franchises and 37 collision repair centers. [15] Sonic halted its acquisition strategy during the Great Recession, but returned to acquiring new locations in order to drive growth in 2013. [16]
Group 1 Automotive, Inc. is an international Fortune 300 automotive retailer [3] with automotive dealerships and collision centers in the United States and the United Kingdom. . Group 1 sells new and used cars and light trucks, arranges financial services, provides maintenance and repair services, and sells vehicle par
Ford acquired Land Rover from BMW in 2000 after the break-up of the former Rover Group. On 18 September 2006, Ford announced the purchase of the rights to use the Rover name. BMW had licensed the Rover name to MG Rover Group from 2000 until 2005, when MG Rover collapsed after a failed merger with SAIC. As part of Ford's initial purchase of Land ...
In June of 2024, Rovers North became 100% employee owned when the Letorney family sold their shares of the company to a trust, creating an Employee_Stock_Ownership_Plan. [2] Rovers North has been a direct distributor of Land Rover Genuine Parts since 1985. [3] Rovers North offers its ProLine parts alongside the genuine parts.
In September 2017, Jaguar Land Rover announced that all new Jaguar and Land Rover models launched from the 2020 model year will have an all-electric or hybrid powertrain option. [73] In October 2017, JLR announced that its electrification programme will start with the Range Rover Sport P400e for the 2018 model year, a plug-in hybrid model due ...
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