Driving the news: Cannon Motors of Mississippi bought a Stellantis dealership in Mississippi from Chief Automotive Group in a deal that closed April 1.
For context: Crown Chrysler, Dodge, Jeep, Ram, Fiat is in Pascagoula, Mississippi, on the Gulf Coast, where the Pascagoula River flows into the Gulf of Mexico.
The store was renamed Cannon Coast Chrysler Dodge Jeep Ram Fiat.
Cannon Motors and its Tameron Gulf Coast division now owns 36 dealerships in Alabama, Louisiana, and Mississippi.
What they’re saying: Michael Cannon, owner of Cannon Motors of Mississippi, said in a release that the group was thrilled with the addition and also credited his team.
“We’re proud to have a team that operates as a unit,” Cannon said. “Growth like this wouldn’t be possible without our incredible team members, and of course, our valued customers.”
You can see this deal announcement and many more throughout the entire year by visiting the CDG Buy/Sell tracker at CDGbuysell.com, powered by:
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