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Pohlad Cos. is exiting the auto dealership business, selling its Carousel Motors Group that sells luxury cars such as Audi, BMW, Porsche and Ferrari models. The deal comes during a period of ...
In the United States, a car dealership is a business that sells cars. A car dealership can either be a franchised dealership selling new and used cars, or a used car dealership, selling only used cars. In most cases, dealerships provide car maintenance and repair services as well as trade-in, leasing, and financing options for customers.
The Herb Chambers Companies, usually shortened to Herb Chambers, is one of the largest automotive dealership in New England and is the North America's 17th largest dealer group. [ 3 ] Herb Chambers is headquartered in Somerville, Massachusetts and operates 60 retail car dealership locations, [ 4 ] representing 35 different brands.
The largest auto group with El Paso dealerships is Group 1 ... sales to about 18,000 in 2024, Lowenfield said. This year, the group's sales are projected to be around 13,000 vehicles, with about ...
This followed a year that saw the acquisition of the DCH Auto Group, one of the 10 largest dealer groups in the country, with 27 dealerships, before being purchased by Lithia Motors. [13] In 2016, Lithia climbed to #346 and that same year made the Fortune 500 List of Top Ten Companies with the biggest jump in rank on the Fortune 500. [14]
Furthermore, ZT Automotive was included on the Top 150 Dealership Groups of 2023 from Automotive News. [ 36 ] Furthermore, in 2023, ZT Corporate completed a strategic management buyout of ZT Motors, followed by Badar’s assumption of an active role as ZT Motors’s CEO.
China's top electric vehicle maker BYD gained market share as the world's largest auto market recorded its fastest-growing month in 2024, setting BYD up to exceed its global annual sales goal and ...
This sale also represented the first direct acquisition of a Saturn franchise by a retail automotive group, with the purchase of two Bay Area Saturn stores. [14] 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]