Automotive News reports that domestic dealerships have changed hands in four deals over the past two quarters.
- Ig Burton Auto Group acquired the Stellantis dealership by acquiring Newark Chrysler-Jeep-Dodge-Ram in Delaware, renaming it Ig Burton Chrysler-Jeep-Dodge-Ram of Newark. The addition gives the dealership group as many as 10 new dealerships in Delaware and eastern Maryland among the General Motors, Stellantis, Mercedes-Benz and BMW brands.
- East Hanover, N.J.-based Nielsen Automotive Group has acquired two dealerships west of Newark, a Ford store and a Chrysler-Dodge-Jeep-Ram dealership under the Nielsen brand. The group also bought a commercial trucking business in East Hanover, which sells to state and local governments.
- McDonald Auto Group bought the Dave Hall Inc. dealership. Chevrolet-Buick in Marlette, Michigan, renaming it McDonald Chevrolet-Buick.
- SVG Motors Auto Group bought Springfield Buick-GMC in Ohio, renaming it SVG Springfield Buick-GMC. The group, which covers the Dayton, Ohio area, now has half a dozen stores in General Motors, Stellantis and Toyota. It acquired a store from the Kenwood Dealer Group, which now has 14 dealerships and is ranked 74thousand on the top 150 US dealerships last year according to Automotive News.
https://www.autodealertodaymagazine.com/369126/four-dealership-sales-close-in-four-states