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By 1999, though, Ugly Duckling was out of the financing business; Garcia bought Cygnet and Champion closed. At the same time, Ugly Duckling was developing its own software, and CEO Gregory Sullivan said this company was the only one buying car dealers in 1999. Markets added included Orlando, Florida and Richmond, Virginia. [16]
In 2002, Sonic acquired the sixteen-location Michigan-based Don Massey Dealerships. This brought the company to 134 total locations, making it the second-largest automotive retailer at the time. The acquisition also brought Sonic to 23 total Cadillac dealerships, representing between 5-7% of the brand's total revenue. [13]
Collier Motors is a private car dealership primarily selling cars built by American Motors Corporation (AMC) as well as with other makes. The business was for many years an AMC franchised dealership located on business U.S. Route 117 in Pikeville, North Carolina .
Wakefield Crossing Shopping Center is a grocery-anchored shopping center located in Raleigh, North Carolina. The center contains a number of large and small businesses including grocery stores, restaurants and more. In February 2023, the shopping center was sold to the Washington, D.C.–based firm Granite Canyon Partners for 14.3 million dollars.
In April 1932, Arthur Taubman purchased the Advance Stores from Pep Boys, with two stores in Roanoke, Virginia, and one in Lynchburg, Virginia. [5] Advance premiered on the Fortune 500 list of companies in 2003 at No. 466. [6] In January 2005, Advance was named the “Best Managed Company in America” in the retail sector by Forbes. [7]
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