CDG's Dealership Buy/Sell Tracker

Buyer: Victor Oh

Seller: Lithia Motors, Inc.

Transaction Date: Sept. 28, 2026

Store Names: Audi Downtown LA and Volkswagen of Downtown LA in California.

Worth noting: Lithia also owned a Porsche store on the property but relocated it.

The retailer built a new “ground-up Porsche store next to our Toyota store that opened earlier this year,” the company told CDG News by emails.

Buy-side advisors: Biltmore Automotive Services

Sell-side advisors: The Dave Cantin Group

Strategic note: The divestitures were portfolio management moves for Lithia, “given the number of Audi stores in the L.A. region,” the company said.

Buyer: Walser Automotive Group

Seller: Metropolitan Corp.

Transaction Date: Sept. 23, 2026

Store Names Before: Purchased were Metropolitan Ford of Eden Prairie, and Suburban Chevrolet in Eden Prairie, Minnesota, and Freeway Ford in Bloomington.

Store Names Now: Walser Metropolitan Ford, Walser Chevrolet Eden Prairie, but a new name does not yet appear on the Freeway Ford website.

Worth noting: The deal also marks the return of Ford for the first time in 20 years, according to the release.

Buy-side advisors: Moore & Van Allen provided legal services.

Sell-side advisors: Haig Partners, attorney David Ezrilov of Stinson LLP and lead consultant Jen Moylan of accounting firm Withum Inc. for Metropolitan

Strategic note: Alan Haig, president of Haig Partners, also said in a release that the buy-sell market remains “…robust for most brands as average dealership profits remain strong and there are many groups looking to grow.”

Buyers: Cable Dahmer Automotive

Sellers: Greg Maurer

Transaction Date: Sept. 22

Store Sold: Dale Willey Chevrolet GMC in Lawrence, Kansas, east of Topeka.

New name: Cable Dahmer Chevrolet GMC of Lawrence

Sell-side advisor: Paul Kechnie, Matt Willis, and Jamie Farley, of Performance Brokerage Services, represented the sellers in the transaction.

Worth mentioning: The late Dale Willey opened the dealership in the 1970s and Maurer came to work there in the 1990s and eventually took over ownership, according to to a Sept. 22 story from the Lawrence Journal-World.

What they’re saying: In a post on the group’s website, Cable Dahmer wrote, “New Name. Same Great Team.”

“The sign out front has changed, but the people you work with have not,” the post said. “The same sales, service, and parts team you already know is here, now backed by the Cable Dahmer Automotive Group.”

Buyers: Crossroads Automotive Group

Sellers: Benny Robles Jr. with Rob Kendrick, Mike Bedenbaugh Jr., Ian Whiteside, and Carlos Sandoval

Transaction Date: Sept. 3

Store Sold: Bartow Ford in that Florida city, east of St. Petersburg.

Sell-side advisor: Elton Wetteland of Apex Dealer Advisory Group

Buy-side advisors: Andy Church and Robert Schlicht of Dealer Solutions Mergers & Acquisitions

Worth mentioning: WWII veteran Ernest Smith, along with family, first acquired this store in 1948 after its original owner went missing flying, according to Benny Robles Sr., who, along with partners, bought the store from Smith after working there since 1977. He sold it to his son, Benny Robles Jr.

Strategic note: The acquisition marks Crossroads Automotive’s first foray into Florida, and its 15th Ford dealership, according to a press release.

Buyers: Janssen Auto Group

Sellers: Gregg Young Automotive Group

Transaction Date: Sept. 2

Store Sold: Gregg Young Chevrolet of Plattsmouth is in that Nebraska city, about 20 miles south of Omaha. The deal included a body shop.

New name: Janssen Kuenle Chevrolet.

Sell-side advisors: Performance Brokerage Services

Strategic note: Janssen Auto Group owns multiple dealerships across Nebraska, including a store selling Chrysler, Dodge, Jeep, Ram on the same lot of the newly purchased Chevrolet store and body shop.

Buyers: Scott Gruwell, CEO of Courtesy Automotive Group

Sellers: Although not disclosed by reporting parties, social media pages for the dealerships appear to show the Watson family as prior owners.

Transaction Date: Aug. 31

Stores Sold: Watson Chevrolet and Infiniti of Tucson in Tucson, Arizona

New names: Courtesy Chevrolet of Tucson and Courtesy Infiniti of Tucson

Sell-side advisors: Pinnacle Mergers & Acquisitions

What they’re saying: Gruwell said in a release that his group is excited to build on “the dealerships’ strong foundation, supporting their teams and continuing to serve customers throughout the Tucson community.”

Buyers: Victory Automotive Group

Sellers: Lenny Napoli

Transaction Date: August 31

Store Sold: Napoli Nissan in Connecticut

New name: Ocean Nissan Milford

Worth noting: On Aug. 10, Victory sold Victory Nissan Chesterton, in that Indiana city, to Scott Pharr.

Buyers: Penuel “Raj” Clement of Clement Auto Group

Sellers: Dirk Schulter and Brett Schulter

Transaction Date: August 26

Store Sold: Mansfield Motor Group, in that Ohio city southwest of Akron, which includes dealerships selling Honda, Nissan, Volvo and Lincoln.

Buy-side advisors: Performance Brokerage Services

Sell-side advisors: Bel-Air Advisors

What they’re saying: Willie Beck, co-managing partner at Bel-Air, said the deal attracted many interested buyers, including some that wanted just the Honda store. But the sellers preferred a fell swoop.

“The goal was to have one buyer and just sell everything as a package,” Beck told CDG News.

Buyers: Sonic Automotive

Sellers: Fletcher Jones Automotive Group

Transaction Date: August 25

Store Sold: Porsche Walnut Creek

Worth noting: With the purchase, Sonic strengthened its California presence, which includes dealerships selling BMW, Honda, Lexus, and Mercedes-Benz.

Sell-side advisors: The Presidio Group

What they’re saying: The deal marked Fletcher Jones’ exit from northern California.

Strategic note: Karolis said the buy-sell world remains bustling, with their group closing about a dozen deals already, now including three Porsche deals.

Buyers: Sutherlin Automotive Group

Sellers: Car Pros Automotive Group

Transaction Date: August 5

Store Sold: Car Pros Kia of Huntington Beach in California

New name: Sutherlin Kia Huntington Beach

Worth noting: The group will invest about $20 million to build a new five-acre dealership campus adjacent to Sutherlin Subaru Huntington Beach that will feature an expanded showroom, increased service capacity, modern guest amenities, and up-to-date Kia retail design standards.

What they’re saying: "This is about far more than acquiring another dealership," CEO Brett Sutherlin said. "... Our $20 million investment reflects our long-term commitment to this community and our belief that the very best dealerships are built by investing in great people, exceptional facilities, and an ownership experience that customers are proud to recommend."

Strategic note: Sutherlin Subaru Huntington Beach and Sutherlin Kia Huntington Beach will form the flagship of the group’s West Coast operations.

Buyers: Ourisman Cars

Sellers: Barnes Crossing Auto Group

Transaction Date: August 3

Store Sold: Toyota of Roanoke Rapids, in that North Carolina city.

New name: Ourisman Toyota 95

Advisors: The Dave Cantin Group

Worth noting: It’s the group’s second Toyota store and first in North Carolina.

What they’re saying: “We thought it presented as a terrific, relatively uncomplicated opportunity for us to enter into a new state with a premier brand like Toyota,” Robert Ourisman Jr., CEO of his namesake group, told CDG News via text. “We look forward to serving our new customers from Raleigh all the way up to Richmond!”

Buyers: Victory Automotive Group

Sellers: Germain Motor Co.

Transaction Date: August 3

Store Sold: Germain Honda of Ann Arbor, Volkswagen of Ann Arbor, and Audi Porsche Ann Arbor, all in that college town that is home to the University of Michigan.

New name: Victory Honda Ann Arbor, Volkswagen Ann Arbor, and Audi Ann Arbor and Porsche Ann Arbor.

Sell-Side Advisors: The Tim Lamb Group

Worth noting: Germain Motor, of Columbus, Ohio, exited the state with the sale.

Buyers: Mtn. View Auto Group

Sellers: Dutch Miller Automotive Group

Transaction Date: July 30

Store Sold: Dutch Miller Nissan

New name: Mtn. View Nissan of Bristol

Sell-side advisors: Performance Brokerage Services

Worth noting: Mtn. Auto opened the dealership at a new location, according to the group’s Facebook page and website.

Buyers: indiGO Auto Group

Sellers: Von Housen Automotive Group

Transaction Date: July 30

Store Sold: San Francisco Exotic Cars, a dealership representing Lamborghini, Bentley, Maserati, Pagani and Alfa Romeo in San Rafael, Calif.

Sell-side advisors: The Presidio Group

Worth noting: Von Housen acquired San Francisco Exotic Cars in 2025 in a transaction that also included Ferrari of San Francisco. Ferrari will stay with Van Housen.

Strategic note: Presidio said this transaction demonstrates the importance of matching distinctive luxury brands with an ownership group that can support them.

Buyers: The Holler-Classic Family of Dealerships

Sellers: Dick Smith Automotive Group

Transaction Date: July 28

Store Sold: Dick Smith Nissan of Columbia, Dick Smith Nissan of St. Andrews, and Dick Smith Infiniti; all in Columbia, South Carolina, and Dick Smith Nissan of Lexington in that South Carolina city

New names: Holler Nissan of Columbia, Holler Nissan of St. Andrews, Holler Infiniti of Columbia, and Holler Nissan of Lexington

Sell-side advisors: Performance Brokerage Services

Worth noting: Holler-Classic said this deal brings its dealership count to 17.

What they’re saying: Jill Holler Rogers, the Holler-Classic treasurer, said in a statement that the family sees parallels between the two dealership legacies.

Strategic note: Roger Holler III, president of Holler-Classic, said in the release that his group had been eyeing the southeast market “for some time.”

Buyers: Clay Cooley Auto Group

Sellers: The CAR Group

Transaction Date: July 20

Store Sold: Norman Reeves Honda, Norman Reeves Mazda, and Norman Reeves Genesis, in Irving, Texas

New names: Clay Cooley Mazda, Clay Cooley Hyundai, and Clay Cooley Genesis

Sell-side advisors: Pinnacle Mergers & Acquisitions

What they’re saying: Clay Cooley, president and CEO of Clay Cooley Auto Group, said in a release that they’re excited to build on the established Norm Reeves foundation.

"These are exceptional dealerships with strong teams and loyal customer bases,” Cooley said.

Buyers: Ed Morse Automotive Group

Sellers: DMN Holdings

Transaction Date: July 8

Store Sold: Mercedes-Benz of Billings

Sell-side advisors: Tim Lamb Group

Worth noting: Ed Morse Automotive Group, of Delray Beach, Fla., now owns 61 automotive and powersports dealerships in nine states.

What they’re saying: “With the addition of Mercedes, we're truly becoming a group that sells everything,” CEO Teddy Morse said.

Additionally: Founded by his grandfather in 1946, the group owned 14 dealerships when Morse took over a decade ago after his father died on July 19, 2016.

Strategic note: His team reflected that mindset when finalizing a slogan for this anniversary year: Some people say 80 years is a legacy. We say it's just the beginning.

Buyers: ZT Automotive Collection

Seller: Daniel Desantis, Ryan Moreno and Ryan Wildrick

Transaction Dates: July 16

Store Sold: McLaren Charlotte and Rolls-Royce Motor Cars Charlotte, both in that North Carolina city.

Sell-side advisors: Dealer Solutions Mergers & Acquisitions.

Worth noting: Moreno and Wildrick rolled over equity and will remain partners.

Strategic note: The newly formed ZT Automotive Collection represents the ultra luxury line arm of the overall ZT Automotive portfolio.

Buyers: Cardinale Automotive Group

Seller: Tony Pappas

Transaction Dates: July 2

Store Sold: Platinum Hyundai of Tracy, about 60 miles east of San Francisco, in California. was renamed Hyundai of Tracy. 

New name: Hyundai of Tracy.

Worth noting: Just weeks before the July deal, Cardinale Automotive also purchased its first-ever Ford dealership from Chris Kwei in a deal that closed June 18.

Strategic note: Joseph Cardinale, president of his namesake group, praised the new brands and said that they’ll keep pursuing “strategic growth.”

“Our relationship with Hyundai has been exceptional, and we're proud to deepen it with another store,” Cardinale said. “Adding Ford, one of the most iconic brands in American automotive history, to the Cardinale family for the first time is a milestone for us.”

Buyers: Hendrick Automotive Group

Sellers: Paramount Automotive Group, owned by Benny Yount

Transaction Date: June 30

Store Sold: Foreign Cars Italia Charlotte, and Foreign Cars Italia Greensboro, in those North Carolina cities.

New names/context: Foreign Cars Italia Charlotte consists of two buildings housing Ferrari of Charlotte (seen above), Alfa Romeo of Charlotte, Aston Martin Charlotte, Bentley Charlotte, and Maserati of Charlotte.

What they’re saying: Rick Hendrick told CDG News via email that Yount’s operation is “exactly the kind of opportunity we look for.”

“Benny and his family have built a tremendous reputation over the years,” Hendrick said. “They have outstanding people and loyal customers.”

Worth noting: The brands Ferrari, Alfa Romeo, Aston Martin, Bentley, and Maserati are all newcomers to Hendrick’s portfolio, while the acquisition adds a third Porsche franchise.

Buyers: Cannon Motor Co.

Sellers: the McConnell family

Transaction Date: June 29

Stores Sold: McConnell Honda and McConnell Acura in Montgomery, Alabama

New names: Cannon Acura Montgomery and Cannon Honda Montgomery.

Sell-side advisors: Omega Advisors

Worth noting: The transaction marks the McConnell family's exit from the industry after more than 100 years in business.

Buyers: Group 1 Automotive

Sellers: Doherty Automotive Group

Transaction Date: June 30

Store Sold: Stone Mountain Toyota in Lilburn, Georgia, and Stone Mountain Honda in Snellville, Georgia

New names: Group 1 Toyota Stone Mountain and Group 1 Honda Stone Mountain.

What they’re saying: “Atlanta is a buoyant, healthy economy, supported by population, job and income growth that outpace the nation,” Group 1 told CDG News by email.

Worth noting: About a month after this deal, the public retailer announced on July 30 that it signed an agreement to buy the 10-store Hennessy Automotive Cos., including real estate.

Buyers: Crown Auto Group

Sellers: David Weaver

Transaction Date: June 24

Store Sold: Wheeling Volkswagen-Subaru, a dealership selling those two brands, in that West Virginia city.

New names: Crown Subaru and Crown Volkswagen

Sell-side advisors: The Tim Lamb Group

What they’re saying: In a Facebook post, Weaver said the dealership’s staff would stay on, and thanked them, saying: “Without them we would never have grown to be the store we are today.”

Worth noting: Wheeling, West Virginia, is about three hours northeast of the state’s capital of Charleston, where Crown Auto is based. The group also owns dealerships in Pennsylvania.

Buyers: Serra Automotive Group

Sellers: AutoCanada

Transaction Date: June 22

Store Sold: Toyota of Lincolnwood, in that Illinois city near Chicago.

New name: Serra Toyota of Lincolnwood.

Sell-side advisors: The Presidio Group

Worth noting: AutoCanada, which operates under its Leader Automotive Group subsidiary in the U.S., sold Kia of Lincolnwood and Hyundai of Lincolnwood, in April.

Additionally: The sales come amid the group’s planned exit from the U.S. market. The group still owns 10 dealerships in Illinois, according to its website.

Strategic note: The acquisition strengthens Michigan-based Serra Automotive’s footprint while adding a sought-after brand.

Buyers: AutoNation

Sellers: Fletcher Jones Automotive Group

Transaction Date: June 22

Store Sold: Fletcher Jones Motorcars of Fremont, a dealership selling Mercedes-Benz, Audi Fremont, and Porsche Fremont, all in that California city near San Francisco Bay.

New name: Fletcher Jones Motorcars was renamed Mercedes-Benz of Fremont

Sell-side advisors: The Presidio Group

Strategic note: Whether buying or selling, portfolio management continues to be a focus, George Karolis, Presidio president, said in a statement.

“Disciplined portfolio management continues to bring well-positioned luxury assets to market,” Karolis said. “Those assets are drawing intense interest from the largest and most sophisticated buyers, particularly in California, one of the most competitive markets in the country. Demand remains strong for Mercedes-Benz, Audi, and Porsche stores as buyers look to expand in key markets.”

Buyers: Young Automotive Group

Sellers: Ken Garff Automotive Group

Transaction Date: June 16

Store Sold: Ken Garff Nissan Riverdale, in that Utah city, about 35 minutes north of Salt Lake City.

New name: Young Nissan Riverdale.

Strategic note: With the addition, Young Automotive now owns 11 dealerships in Weber County, according to an announcement.

Buyers: ClearShift, owned by Jeff VanderWal

Sellers: J.L. Larson and Sarah Larson

Transaction Date: June 15

Store Sold: Freedom Ford is in Gunnison, Utah, about two hours south of Salt Lake City. The name will remain.

Buy-side advisors: Seth L. Dobbs, Esq., co-chair of Fox Rothschild LLP’s National Automotive Practice, represented the buyers in the deal.

Worth noting: The acquisition represents VanderWal’s first franchised dealership, but it’s just a start.

Strategic note: ClearShift aims to buy about one store per year, with a target of owning 10-15 dealerships over that period.

The growth focus will remain in the Mountain West: Colorado, Utah, Idaho, Montana, Wyoming, and Arizona.

Buyers: Ken Garff Automotive Group

Sellers: Susan Watkins

Transaction Date: June 8

Store Sold: Volkswagen Southtowne, about 15 miles south of Salt Lake City in South Jordan, Utah.

New name: Ken Garff Volkswagen Southtowne

Advisor: David Ibarra of Live Ready Dealer Exchange Brokering

Worth noting: Watkins bought the dealership with her late husband Tom in 1989. Her father, Ray Stout, managed a Ken Garff Oldsmobile store and worked closely with Ken and Bob Garff, according to a company announcement.

Buyers: John Love of Bob Johnson Auto Group

Sellers: William Fuccillo Jr.

Transaction Date: June 8

Store Sold: Fuccillo Imports, a dealership selling the Hyundai and Subaru brands in Watertown, New York.

New name: Bob Johnson Hyundai and Bob Johnson Subaru

Advisor: Bob Morris of Tim Lamb Group.

Worth noting: These were the last dealerships originally owned by the late William Fuccillo, who died June 17, 2021, at age 65. He was a well-known, charismatic dealer known for his ads that put several syllables in the word “huge.”

Buyers: AutoNation, Inc.

Sellers: Tameron Automotive Group, owned by Danny Braden and Rob Gallik

Transaction Date: June 8

Store Sold: Toyota of Newnan is located in Newnan, Georgia, about 30 miles south of Atlanta.

New name: AutoNation Toyota Newnan

Sell-side advisors: Kerrigan Advisors

Worth noting: AutoNation was the largest Toyota dealer in the U.S. by new vehicle sales volume combined for Toyota and Lexus brands in 2025, according to a press release.

Strategic note: Erin Kerrigan, managing director of Kerrigan Advisors, said a recent study conducted by her firm showed that 86% of dealers have a high level of trust in the Toyota franchise, more than 20 percentage points higher than the nearest non-luxury competitor.

"In a metro growing as fast as Atlanta, a market-leading store like Toyota of Newnan drew intense competition, resulting in premium blue sky pricing," Kerrigan said.

Buyers: Dahl Automotive

Sellers: Happy Auto Group

Transaction Date: June 15

Store Sold: Happy Chrysler, Dodge, Jeep, Ram of Rochester, and Happy Hyundai of Rochester, in that Minnesota city, about an hour and a half southeast of Minneapolis.

New name: Dahl Hyundai Rochester and Dahl Chrysler, Dodge, Jeep, Ram Rochester

Sell-side advisors: Dealer Solutions Mergers & Acquisitions (DSMA)

Worth noting: Dahl Automotive owns two other dealerships in southeast Minnesota, all about a one-hour drive from the group’s headquarters/home market of La Crosse, Wisconsin.

Strategic note: The divestitures will allow Happy Auto to “focus on and grow our home Chicagoland dealerships,” group co-owner Bret Matthews said in a release.

Buyers: Auto Gallery Automotive Group

Sellers: AW Automotive Group

Transaction Date: June 1

Store Sold: Nissan of Macomb in Clinton Twp., Michigan, nearly 30 miles north of Detroit.

New name: Nissan Macomb

Sell-side advisors: Dealer Solutions Mergers & Acquisitions (DSMA)

Worth noting: It’s the group’s first dealership in Michigan.

Buyers: Andre Willis, with support from the Ellenae Fairhurst Entrepreneurial Trust.

Sellers: Tony Thomas

Transaction Date: June 1

Store Sold: Tony T Chrysler, Jeep, Dodge, Ram of Orangeburg, in South Carolina.

New name: Orangeburg Chrysler, Jeep, Dodge, Ram

Buy-side advisors: Biltmore Automotive Services, with Seth L. Dobbs, Esq., of Fox Rothschild LLP’s National Automotive Practice, representing the trust.

Worth noting: Named for the trailblazer dealer Ellenae Fairhurst, the trust aims to use automotive retail investments to help build wealth and dealership ownership in the Black community.

Strategic note: The dealership is projected to generate more than $30 million in annual revenue, according to Frank O’Donnell of Biltmore Automotive Services.

Buyers: Gurley Leep Automotive Family

Sellers: Victory Automotive Group

Transaction Date: June 1

Store Sold: Victory Chrysler, Dodge, Jeep, Ram Merrillville, in Indiana

New name: Team Chrysler, Dodge, Jeep, Ram

Sell-side advisors: Pinnacle Mergers & Acquisitions

Strategic note: Mike Leep Jr., president of his family’s group, said in a release that growth helps their impact grow.

“Expanding in Northwest Indiana allows us to serve more guests, create more opportunities for team members, and continue giving back to the communities we call home,” Leep said in the release.

Buyer: Jason Pittack of the Woodhouse Auto Family

Sellers: Lithia Motors, Inc.

Transaction Date: May 28

Store Sold: Ferrari of Denver in Highlands Ranch, Colorado

Sell-side advisors: Pinnacle Mergers & Acquisitions

Strategic note: Woodhouse Auto Family, of Omaha, Nebraska, owns more than 20 dealerships in multiple states, including Iowa.
This transactions comes after the group divested at least one other luxury store, a Porsche dealership in Des Moines, Iowa.

Buyers: Eric Johnson, owner of his namesake Johnson Automotive Group

Sellers: Don Brookfield

Transaction Date: May 6

Store Sold: Brookfield Chrysler, Dodge, Jeep, Ram, in Benton Harbor, Michigan, about 200 miles southwest of Detroit.

Buy-side advisors: Jennifer Rafael and Mike Funk, of Dealer Solutions Mergers & Acquisitions.

Strategic note: It was Johnson’s second dealership purchase.

Buyers: Jenkins Auto Group

Sellers: Jackson Automotive Group

Transaction Date: May 19

Store Sold: Jackson Kia in Cocoa, Florida

New name: Jenkins Kia of Cocoa

Sell-side advisors: The Presidio Group

Buy-side advisors: Gill Automotive Group

Worth noting: The acquisition was also strategic for Jenkins Auto, especially because the group recently purchased a nearby Honda dealership to expand its footprint in the region, according to Presidio.

Strategic note: Presidio President George Karolis said in a release that strong assets in attractive markets move quickly, and that portfolio management continues as a theme in the buy-sell market.

Buyers: Kyle Coleman of Coleman Automotive Group

Sellers: Scott McGrath

Transaction Date: May 1

Store Sold: McGrath Nissan in Elgin, Illinois, about 45 miles northwest of Chicago

New name: Nissan of Elgin

Sell-side advisors: Performance Brokerage Services

Worth noting: Coleman Automotive was founded in May 2024.

Strategic note: “Originally, when I founded the group, we were buying small rural stores,” Coleman said during a May 4 Daily Dealer Live appearance. “Over the past 12 months, one of the biggest strategy changes has been moving into metros.”

Buyers: Robert Palmese and Ahmed Fayed

Sellers: The Greenblatt family

Transaction Date: May 5

Store Sold: Matt Blatt Chrysler, Dodge, Jeep, Ram in Philadelphia

New name: Liberty Chrysler, Dodge, Jeep, Ram

Buy-side advisors: Frank O'Donnell and Jim Duffy of Biltmore Automotive Services represented the buyers

Sell-side advisors: Matt Wilkins, Jacob Stoehr, and Gershon Rosenzweig of Performance Brokerage Services represented the sellers

Worth noting: This was the first franchised dealership for Palmese and Fayed. They formed PalmEasy Motors with the purchase.

Strategic note: “For the Greenblatt family, this was a strategic decision to concentrate on their other franchises and the areas of their business where they see the greatest opportunity ahead,” Stoehr told CDG News.

Buyers: Garber Automotive Group

Sellers: Dave Rodgers of Greiger’s Motor Sales

Transaction Date: May 4

Store Sold: Greiger’s Motor Sales, a dealership selling the Stellantis brand in Valparaiso, Indiana

New name: Garber Chrysler, Dodge, Jeep, Ram Valparaiso

Sell-side advisors: Performance Brokerage Services

Worth noting: This gives Garber its second Indiana location.

Buyers: Ken Ganley Automotive

Sellers: Penske Automotive Group

Transaction Date: May 6

Store Sold: Mercedes-Benz of Bedford in Ohio, along the Bedford Auto Mall, near Cleveland

Worth noting: Ganley said the latest acquisition gives them about 64 stores in four states, including West Virginia, Pennsylvania, and Florida. On April 27, the group closed on its first Mazda store in Kent, Ohio.

Strategic Note: “It’s just part of our periodic review of dealerships/properties and capital allocation,” a Penske spokesperson told CDG News by email.

Buyers: Feldman Automotive Group

Sellers: Firelands Auto Group

Transaction Date: May 5

Store Sold: Firelands Chrysler, Dodge, Jeep, Ram, Firelands Toyota, and Firelands Honda, all in Sandusky, Ohio, as well as Firelands Chevrolet in Vermilion, Ohio

Sell-side advisors: Andy Gill of Gill Automotive Group

Worth noting: The deal marks the largest acquisition to date so far for the group that’s based in New Hudson, Michigan.

Strategic Note: CEO Jay Feldman said in a release that the group was proud to welcome the new dealerships and family to their group, especially two new brands.

Buyers: Stephen Weikert and the Weikert family

Sellers: Jim Cook

Transaction Date: May 7

Store Sold: Jim Cook Ford and Jim Cook Chevrolet in Elba, Alabama, about 85 miles south of Montgomery

New name: Weikert Ford Elba and Weikert Chevrolet

Sell-side advisors: Andy Gill of Gill Automotive Group

Worth noting: Gill told CDG News that Cook has owned the dealerships for about 40 years. Cook will stay on to help with the transition, according to Gill.

Strategic Note: Gill said that the stores weren’t for everyone because of the rural location, but that the Weikert family had a strong fixed ops foundation that will help them succeed.

Buyers: Bob Bell Automotive Group

Sellers: The Walls family

Transaction Date: May 6

Store Sold: Plaza Ford, in Bel Air, Maryland

New name: Bob Bell Ford Bel Air

Sell-side advisors: Kerrigan Advisors

Worth noting: The family-owned dealership was founded in 1933. Ralph Walls became owner in 1962. His children ran it until the sale.

Strategic Note: Kerrigan Advisors said in a release that the transaction “demonstrates the attractiveness of a premier domestic franchise in a growing market in today’s buy/sell market.”

Buyers: Bill Dickason and Steve Hall

Sellers: Mathews Auto Group

Transaction Date: April 30

Store Sold: Mathews Honda of Paris, in the northeast region of Texas, near the Oklahoma border.

New name: Dickason Honda of Paris

Sell-side advisors: Derek Garber of Haig Partners

Strategic Note: “The sale of Mathews Honda continues to showcase the strength of the Texas market, which remains one of the most active and sought-after regions for dealership acquisitions in the country,” Garber said. “Buyer demand continues to be strong, particularly for high-quality franchises like Honda.”

Buyers: Matthew Nunlist, president of CarHeroes

Sellers: Mitch Walters and Brandon Walters of Friendship Automotive

Transaction Date: April 27

Store Sold: Ford of Lenoir, in North Carolina.

New name: CarHeroes Ford of Lenoir

Worth noting: It’s the first franchised dealership for Nunlist.

Buy-side advisors: Dealer Solutions Mergers & Acquisitions (DSMA)

Sell-side advisors: The Tim Lamb Group

Buyers: Ken Ganley Automotive Group

Sellers: John Mastrantoni and Derik Thomas

Transaction Date: April 27

Store Sold: Mazda of Kent, in that city, about 15 miles northeast of Akron, Ohio.

New name: Ken Ganley Mazda

Worth noting: It’s the first Mazda dealership for Ken Ganley Automotive Group, of Broadview Heights, Ohio.

Strategic Note: The group now owns more than 60 dealerships in four states, including Florida, Pennsylvania, and West Virginia.

Buyers: Ed Morse Automotive Group

Sellers: Terry Graven

Transaction Date: April 27

Store Sold: Graven Chrysler, Dodge, Jeep, Ram in Lebanon, Missouri, northeast of Springfield.

New name: Ed Morse Chrysler, Dodge, Jeep, Ram.

Worth noting: This deal marked the group’s 60th transaction, including automotive and motorsports dealerships.

Strategic Note: Ed Morse Automotive owns stores selling the Ford and Chevrolet brands across the street from each other, about a mile from the new acquisition. They now sell all the cars and trucks in Laclede County.

Buyers: Carvana

Sellers: Elliot Schor and Scott Zuckerman of Catskill Automotive Partners

Transaction Date: April 21

Stores Sold: Avon Lake Chrysler, Dodge, Jeep, Ram in Avon Lake, Ohio, near Cleveland.

New name: Carvana Chrysler, Dodge, Jeep, Ram

Worth noting: Stellantis updated its acquisition limit for dealers in February, limiting it to one during a rolling 12-month period.

Strategic Note: Carvana now owns seven dealerships selling the brand in California, Arizona, Texas, Georgia, Massachusetts, and Ohio.

Buyers: Rummy Bhullar of Grand Motorcars Group

Sellers: Shottenkirk Automotive Group

Transaction Date: April 16

Store Sold: Shottenkirk Hyundai of Canton, in that Georgia city, north of Atlanta.

New name: Grand Hyundai of Canton

Worth noting: This is Bhullar’s second franchised dealership. He also owns an Infiniti dealership in Macon, Georgia, along with four used car in the state.

Sell-side advisors: Gill Automotive

Strategic Note: Andy Gill, of his namesake advisory group, told us the the store wasn’t for sale, but Bhullar asked Gill to reach out and see if Shottenkirk may be willing to make a deal… It worked out.

Buyers: Brandon Steven Motors

Sellers: Tom Kody of Kody Holdings

Transaction Date: April 15

Stores Sold: Kody operated the 12 dealerships under the Southern Maryland Auto Group name

Ford, Lincoln, Chevrolet, Cadillac, Buick, GMC, Toyota, Honda, Chrysler, Dodge, Jeep, and Ram were the brands sold.

Locations: All 12 dealerships are in Maryland, in the cities of: Upper Marlboro, Waldorf, Prince Frederick, La Plata, Lexington Park, and Leonardtown.

Worth noting: The transaction was valued at $500 million.

In 2025, the Maryland stores earned about $875 million in revenue, and Brandon Steven Motors produced about $1.44 billion in revenue last year, according to CBRE.

Now, the combined group is projected to exceed $2.5 billion in annual revenue.

Sell-side advisors: Dealer acquisition team at CBRE, a real estate and investment firm

Strategic Note: Brandon Steven Motors owns more than 30 dealerships in Kansas, California and Maryland and now has an East Coast presence with the acquisition.

Buyers: Morrie’s Automotive Group

Sellers: Carey (Beardmore) Hamilton and her husband, Brian Hamilton, of Beardmore Auto Group

Transaction Dates: April 9

Stores Sold: Beardmore Subaru, Beardmore Hyundai, and Beardmore Chevrolet are all in Bellevue, Nebraska, about 10 miles south of Omaha.

New names: The stores were renamed Bellevue Subaru, Morrie’s Bellevue Hyundai and Morrie’s Bellevue Chevrolet.

Worth noting: Morrie’s Automotive, of Minnetonka, Minnesota, owns more than 30 dealerships in Michigan, Wisconsin, and Illinois. It retailed more than 46,000 vehicles in 2025, Kerrigan Advisors said.

Beardmore Auto Group, founded in 1919 by Carey Hamilton’s grandfather, Maurice “Moe” Beardmore, commands 35% of the auto retail market in the Bellevue area of Omaha, according to Kerrigan Advisors.

Sell-side advisors: Kerrigan Advisors

Strategic Note: The stores were the group’s first in Nebraska.

Buyers: Berman Automotive Group

Seller: AutoCanada

Transaction Dates: April 10

Stores Sold: Kia of Lincolnwood and Hyundai of Lincolnwood, about 12 miles northwest of Chicago in Illinois.

New names: The stores were renamed Berman Kia and Berman Hyundai.

Worth noting: AutoCanada, which does business in the U.S. under its Leader Automotive Group subsidiary, sold a Toyota dealership in January, too, as part of its ongoing plan to exit the U.S. market.

Sell-side advisors: Haig Partners

Strategic Note: Kevin Nill, a managing director with Haig Partners who led the deal, said in a release that the stores were “important assets in a highly competitive automotive retail market…”

“Berman Automotive Group brings both scale and a long-standing commitment to the Chicagoland community, making them an excellent long-term steward for these dealerships,” Nill said.

Buyers: Faricy Automotive

Seller: Bill Byerly

Transaction Dates: April 2

Stores Sold: Peak Kia Colorado Springs, about 70 miles south of Denver.

New name: Faricy Kia

Worth noting: The group’s name changed, too, from The Faricy Boys to Faricy Automotive, the group’s third moniker since the company’s founding nearly 85 years ago.

Strategic Note: Ben Faricy said the group is excited to partner with Kia and will continue to expand in Colorado, though for now, they’ll focus on integrating the latest acquisition.

“We believe that it's important for us to continue to grow to provide opportunity for our people and to have the right amount of scale…,” Ben Faricy said. “But importantly, that we [also] remain small enough to provide a really personal experience for both our customers and our teams.”

Buyers: Ed Morse Automotive Group

Seller: Woodhouse Auto Family

Transaction Dates: April 1

Stores Sold: Porsche Des Moines, in West Des Moines, Iowa. The name will remain.

Worth noting: The dealership opened in late 2025 as the first dealership to sell the brand in metro Des Moines since 2008. Now, it’s the only Porsche dealership in the state.

Sell-side advisors: W.G. Nielson & Co.

Buy-Side Advisors: Pinnacle Mergers & Acquisitions

Strategic Note: The group didn’t have plans to expand per se but moved when the opportunity came up.
“We sell American cars, like Chevys, Fords, Dodges, Chryslers, and all those,” CEO Teddy Morse told CDG News. “We do great. They're great brands, and I love them. But Porsche is kind of a mythical thing.”

Buyers: Dream Motor Group, owned by Joe Agresti, Nick Saban, and Steve Cannon

Seller: Bill Seidle’s Automotive Group

Transaction Dates: April 1

Stores Sold: Bill Seidle Nissan and Bill Seidle Mitsubishi, and the related real estate, in Doral, Florida.

New names: The stores were renamed Nissan of Doral and Doral Mitsubishi.

Buy-Side Advisors: The Presidio Group

Strategic Note: Dream’s acquisition represents “a strategic expansion in one of the most active automotive retail markets in the country” for the group, Presidio said in its release.

Buyers: Fletcher Jones Automotive Group

Seller: Group 1 Automotive, Inc.

Transaction Dates: March 30

Store Sold: Mercedes-Benz of Beverly Hills in California

Sell-side advisors: The Presidio Group

Strategic Note: The deal gave both buyer and seller an opportunity to manage their portfolios. Presidio said five of its transactions so far this year involved portfolio management.

“As we’ve said for years, the largest and best dealership groups increasingly practice disciplined portfolio management, and this transaction is the latest proof,” said Alex Watterson, managing director at Presidio.

Buyers: Gilchrist Automotive

Seller: Team Gillman and owner Chris Gillman

Transaction Dates: March 16

Store Sold: Team Gillman Chevrolet in Houston

New name: Gilchrist Chevrolet

Sell-side advisors: Performance Brokerage Services facilitated the transaction, with two separate teams of three each representing the buyers and sellers.

Strategic Note: Gilchrist owns several General Motors stores and is active and bullish with the brand, Mike Sims, president of Pinnacle, told CDG News. “This was an opportunity for [Gilchrist] to get into metro Houston and grow their brand,” Sims said.

Buyers: Rob McGee of McGee Automotive Family

Seller: Penske Automotive Group

Transaction Dates: March 26

Stores Sold: Lexus of Warwick in Rhode Island.

Buy-Side Advisors: Pinnacle Mergers & Acquisitions

Strategic Note: The purchase marks McGee’s first Lexus dealership and its entry into Rhode Island.

Buyers: Ghreiwati Auto Group

Seller: Hello Auto Group

Transaction Dates: March 30

Stores Sold: Hello Kia of Valencia in Santa Clarita, California.

New names: Kia of Valencia.

Buy-Side Advisors: Dave Cantin Group

Sell-side advisors: Haig Partners

Strategic Note: This transaction was related to the two stores Hello Auto sold earlier in the month as part of a strategic divestiture.

Buyers: Chris Hemmersmeier of Jerry Seiner Dealerships and Sam Ghreiwati of Ghreiwati Auto Group

Seller: Hello Auto Group

Transaction Dates: The separate deals closed on March 16 and 17

Stores Sold: Hello Subaru of Valencia went to Jerry Seiner on March 16, and Hello Mazda of Valencia sold to Ghreiwati on March 17.

New names: The stores were renamed Jerry Seiner Subaru and Mazda of Valencia. Both are in Santa Clarita, California.

Buy-Side Advisors: Dave Cantin Group

Sell-side advisors: Haig Partners

Strategic Note: California continues to attract interested buyers looking to expand or enter new areas of the state in this year’s busy buy-sell market.

Buyer: Clay Carlock of Carlock Automotive Group

Seller: Roy Carver and Ashley Jannie.

Transaction Date: March 19

Stores Sold: Carver Toyota of Columbus in Taylorsville, Indiana. The store was renamed Carlock Toyota of Columbus.

Advisors: Two teams of three, each from Performance Brokerage Services, facilitated the transaction.

Strategic Note: Toyota stores continue to pull interested buyers all over the country.

Buyer: LAPIS Automotive

Seller: Umansky Automotive Group

Transaction Date: March 17

Stores Sold: Porsche Livermore, Audi Livermore, Land Rover Livermore, and Livermore Honda.

Worth noting: The deal gives LAPIS, which stands for Luxury, Access, Performance, Innovation and Service, six dealerships acquired in two and a half years, and includes the group’s first Honda store.

Sell-side advisors: The Presidio Group

Strategic Note: This transaction highlights the continued allure of luxury markets, Presidio confirmed in an email to CDG News.

Buyer: Brothers Mitch Loveland and Blake Loveland of Stone’s Auto Group

Seller: Brothers David Auge and Jim Auge

Transaction Date: March 10

Stores Sold: Teton Motors, a dealership selling Chevrolet, and Teton Motors Subaru in Jackson, Wyoming. Jackson is a resort town that sits along the 50-plus-mile Jackson Hole valley, in Teton County.

Worth noting: The dealerships had been in the Auge family for more than 50 years.

Sell-side advisors: Performance Brokerage Services

Strategic Note: The buyers purchased two established stores in a market they understand. And, they now own half of the new-car dealerships in the exclusive resort town that is nestled between the Gros Ventre and Teton mountain ranges.

Buyer: Carvana

Seller: Lawrence Gordon of Colonial Automotive Group

Transaction Date: March 3

Stores Sold: Carvana bought the former Colonial Dodge, Chrysler, Jeep, Ram, in Hudson, Mass., about 30 miles west of Boston. The store was renamed Carvana Chrysler, Dodge, Ram, Ram.

Worth noting: It’s the sixth Stellantis dealership purchased by Carvana since last year, which now owns stores selling the brand in California (2), Arizona, Texas, and Georgia.

Strategic Note: The purchase came on the heels of Stellantis releasing fresh guidelines on how many of its stores dealers can buy in a rolling 12 months, but the automaker told CDG News the limit was not related to anything specific.

Buyer: Kurt Koch of Koch Automotive Group

Seller: The estate of Mike Patel, who died unexpectedly in February, and Jeff Christoffel

Transaction Date: March 2

Stores Sold: Marin Honda in San Rafael, California, southwest of Sacramento.

Sell-side advisors: Ozog Consulting

Worth noting: Koch tried to purchase a Honda dealership about five years ago, but Honda ROFRed it. He had only a third of the stores he owns now, Mike Murphy of Ozog Consulting told CDG News.

Strategic Note: Koch built a significantly stronger portfolio after that, including three Toyota dealerships that have all received president’s awards since he acquired ownership, according to Murphy.

Buyer: Lithia Motors, Inc.

Seller: Dave Stumbo of Stumbo Automotive

Transaction Date: March 2

Stores Sold: Toyota of Gallatin in Tennessee.

Sell-side advisors: Pinnacle Mergers & Acquisitions and Gill Automotive Group

Strategic Note: Pinnacle said the transaction underlines the continued strength of the Toyota brand across the country.

Buyer: Aqueel Ahmed

Seller: Richard Ruscitti

Transaction Date: February 11

Stores Sold: Kingdom Chevrolet, South Chicago Dodge (which includes the Chrysler, Ram, and Jeep brands), and West Avenue Nissan, in Chicago.

New names: Dial Chevrolet of Chicago, Dial Chrysler, Dodge, Jeep, Ram of Chicago, and Dial Nissan of Chicago

Worth noting: Ahmed created Dial Auto Group in step with the three-store acquisition as he looks to grow his platform.

Sell-side advisors: Jennifer Rafael, partner and executive vice president of advisory firm Dealer Solutions Mergers and Acquisitions

Strategic Note: Presidio President George Karolis said high-quality Mercedes-Benz stores continue to draw strong interest.

Buyer: Lithia Motors, Inc.

Seller: Lancaster County Motors

Transaction Date: February 23

Stores Sold: Mercedes-Benz of Medford, in Oregon, which is home to Lithia’s headquarters, too.

Worth noting: The deal included the real estate.

Sell-side advisors: The Presidio Group

Strategic Note: Presidio President George Karolis said high-quality Mercedes-Benz stores continue to draw strong interest.

Buyer: RBM of Atlanta

Seller: Asbury Automotive Group

Transaction Date: February 23

Stores Sold: Porsche of Greenville, Land Rover Greenville, and Crown Nissan of Greenville, all in South Carolina.

Worth noting: Including this transaction, Asbury Automotive sold 10 dealerships in February. The other deals took place in Indiana and Missouri.

Buy-side advisors: Omega Advisors, Inc.

Sell-side advisors: The Presidio Group

Strategic Note: The South Carolina transaction underscores ongoing buy-sell trends, including disciplined portfolio management and an ongoing demand for luxury dealerships, according to Presidio.

Buyer: Jesse Hord of Keeler Motor Car Co., with partner Open Road Capital

Seller: New Country Motor Group

Transaction Date: February 10

Stores Sold: New Country Lexus of Westport and New Country Toyota of Westport, in Connecticut, and Audi Hawthorne in New York

Worth noting: New Country, which owns more than 20 dealerships in several states, including Florida and Pennsylvania, sold the dealerships to funnel capital to another core market in Washington D.C., New Country president Jared Cantanucci said in a release

Sell-side advisors: Haig Partners

Strategic Note: “It still is an excellent time to sell a Toyota or Lexus store,” Haig told CDG News. “And if there are larger companies that are interested in balancing their portfolios, they could get a very strong price for those assets and maybe reinvest that capital in dealerships in their core markets.”

Buyer: George Albanna, owner of the newly formed Prestige Auto Group

Seller: Pillar Automotive

Transaction Date: February 9

Stores Sold: Columbiana Ford in that Ohio city, renamed Prestige Ford

Worth noting: Albanna owns two used car stores near Akron, Ohio, but this is his first franchised dealership.

Advisors: Performance Brokerage Services facilitated the transaction.

Strategic Note: Ford $F ( ▲ 0.83% ) and General Motors $GM ( ▲ 1.98% ) dealerships are still some of the most sought-after domestic brands, Mark Shackelford Jr. of Performance Brokerage Services, said.

Buyers: West Herr Automotive Group

Seller: Mike Carrow

New ownership start date: February 13

Stores Sold: Sharon Chevrolet in Liverpool, New York, renamed renamed West Herr Chevrolet of Clay

Worth noting: The store ranks No. 2 in volume for Chevrolet in the Syracuse market, according to West Herr. Their other Syracuse location, West Herr Chevrolet of East Syracuse, ranks No. 1.

Strategic Note: Already one of the largest privately held dealership groups in the country, West Herr just strengthened its foothold in a third New York market.

Buyers: Matt Bowers Auto Group

Seller: Asbury Automotive Group

Transaction Date: February 2

Stores Sold: Bill Estes Chrysler Dodge Jeep Ram in metro Indianapolis, which Bowers renamed to INDY Chrysler Dodge Jeep Ram.

Worth noting: Bowers also recently entered the Dallas market with the December 1 purchase of another Stellantis store, from Continental Automotive Group, based in Austin, Texas.

Strategic Note: Bowers told CDG News that he realized he could diversify his portfolio without leaving the industry. Bowers, based in Slidell, Louisiana, has a heavy Gulf Coast presence. Both transactions represent his group’s entry into new markets.

Buyers: Ben Keating of Keating Automotive Group bought two stores and Chris Crain, of the Crain Automotive Team, and Chip Johnson, of Wood Motor Company, bought one

Seller: Julie Herrera of IDEA Automotive Group and minority partners Cavender Auto Group in the Keating transaction.

Transaction Date: February 3

Stores Sold: Ben Keating of Keating Auto Group purchased Cedar Park Toyota in Cedar Park, and City Limits Subaru, in Buda. Both are suburbs of Austin, Texas.

Crain and Johnson purchased City Limits Nissan in Austin, Texas.

Buy-side Advisor: Ronald Parker Bowie of Ivy League Mergers & Acquisitions

Strategic Note: Rather than exiting the business, Herrera is repositioning and preparing to open a Honda open point in Prosper, Texas.

Buyer: Kunes Automotive Group

Sellers: Valley Automotive Group and The Exchange

Transaction Dates:

Worth noting: Kunes plans on keeping the existing staff at all three locations.

Strategic Note: Both acquisitions represented new markers for Kunes, which now operates 45 locations across the Midwest.

Buyer: Bob Giles, CEO of Giles Automotive

Seller: Bob Pitre, CEO of Pitre Automotive Group

Transaction Date: January 22

Stores Sold: Pitre Kia of Las Cruces, in New Mexico. Giles renamed the store Giles Kia.

Advisor: George Pero, CEO of Mach10 Automotive

Strategic Note: The deal allows Giles to enter the New Mexico market while allowing Pitre to “deploy their cash and invest in better-performing assets consistent with their growth objectives for their portfolio,” Pero told CDG News.

Buyer: Murgado Automotive Group

Seller: AutoCanada

Transaction Date: January 26

Stores Sold: Toyota of Lincoln Park in Chicago renamed Toyota of Downtown Chicago

Worth noting: The deal cost about $82.7 million

Sell-side Advisor: Haig Partners

Strategic Note: The deal marks another step in the Canadian group’s plan to exit the U.S. market and highlights the continued popularity of Toyota dealerships in the market.

Buyer: Fletcher Jones Automotive Group

Seller: Del Montell

Transaction Date: January 14

Stores Sold: Santa Monica BMW renames BMW of Santa Monica in California.

Sell-side Advisor: Haig Partners

Strategic Note: “In today’s market, strong execution paired with local market expertise is increasingly critical to maximizing value,” Jayson Crouch, a managing director with Haig Partners, wrote to CDG News in an email.

Buyer: Adam Kraushaar of Lester Glenn Auto Group

Seller: Jordan Wright

Transaction Date: January 13

Stores Sold: Quality Chevrolet of Old Bridge in New Jersey

Advisor: Dave Cantin Group

Strategic Note: “Lester Glenn took a very strategic approach of purchasing this asset, really learning and understanding how this fits into their already amazing portfolio of dealerships,” CEO Dave Cantin told CDG News. “And they see a huge opportunity for growth in that market and with that brand.”

Buyer: Sandy Sansing Automotive

Seller: Carlock Automotive Group

Transaction Date: January 12

Stores Sold: BMW of Tuscaloosa in Alabama

Sell-Side Advisor: Omega Advisors

Strategic Note: Premium brands, especially hard-to-get ones like BMW, continue to appeal to buyers and attract M&A activity. And, the southern United States, remains a sought-after destination in this bustling marketplace.

Buyer: Artem Boguslavskiy

Seller: Summit Automotive CEO Alex Gillett

Transaction Date: January 15

Stores Sold: Berlin City Toyota, Berlin City Honda, Berlin City Nissan and Berlin City Chrysler Dodge Jeep Ram sit connected along Main Street, about a three-minute walk from Berlin Chevrolet GMC

Sell-Side Advisor: Pinnacle Mergers & Acquisitions

Strategic Note: Boguslavskiy’s deal helps expand the portfolio into New England and bolsters its presence on the East Coast. Owning multiple stores helps with scalability in this era where smaller dealers can struggle competing with larger groups.

Buyers: Pierce Automotive Group

Seller: Halo Motor Group

Transaction Date: January 14

Stores Sold: Lexus Carlsbad and Lexus Escondido

Strategic Note: Premium franchises remain hot, especially ones such as these two Lexus stores that came with a well-established foundation.

Buyers: The Jeff Wyler Automotive Family

Seller: Midwestern Auto Group

Transaction Date: January 14, 2026

Stores Sold: There are 14 stores on the campus, selling the Lamborghini, Ferrari, Porsche, Rolls-Royce, Bentley, Maserati, BMW, Land Rover, Jaguar, Audi, Volvo, Lotus, Mini and Volkswagen brands.

Sell-Side Advisor: Dave Cantin Group

Strategic Note: Not only did Wyler snag a once-in-a-generation premium fortress, the deal cements the group as one of the most important private luxury retailers in the Midwest. Not to mention the deal itself ranks high on the list of deals so far this year in general and to take place between two private retailers in the Midwest.