Honda, Jaguar-Land Rover and Mazda car dealerships sell
A few of the nation’s major privately owned dealership teams expanded their holdings with next- and 3rd-quarter acquisitions.
Just about every transaction included an car retailer rated on Automotive Information‘ list of the top 150 dealership groups.
Here is a appear at the offers involving import and luxurious manufacturer retailers in Pennsylvania, Texas and Montana.
#one Cochran Automotive ongoing its 2023 acquisition spree with a 3rd-quarter order of a Honda dealership.
The car retailer on Aug. 23 acquired South Hills Honda in McMurray, Pa., from Greg Norton, #one Cochran verified.
The keep was renamed #one Cochran Honda South Hills. McMurray is south of Pittsburgh.
“The acquisition expands our romance with Honda, bringing a next keep into our steady — and notably, our initially in the Pittsburgh Metro,” #one Cochran Automotive CEO Rob Cochran reported in a assertion.
In June, the expanding car retailer bought two dealerships in separate transactions. The team also bought a pair of stores in January.
#one Cochran, of Monroeville, Pa., ranks No. 59 on Automotive Information‘ checklist of the major 150 dealership teams based mostly in the U.S., retailing 13,871 new autos in 2022.
Shottenkirk Automotive Team bolstered its Texas footprint with the order of a luxurious dealership in the 3rd quarter.
The growing car retailer on July 27 acquired Jaguar-Land Rover Boerne from Charles Barrett, CEO Greg Shottenkirk verified. Boerne is northwest of San Antonio.
The dealership was renamed Shottenkirk Jaguar-Land Rover Boerne, Shottenkirk reported. It marks the initially Jaguar-Land Rover dealership for the team, he observed.
Andy Gill, CEO of Gill Automotive Team, a provide-facet company in St. Augustine, Fla., represented Barrett in the transaction.
In addition to Texas, Shottenkirk Automotive has dealerships in California, Ga, Alabama, Iowa and Illinois.
Shottenkirk Automotive, of Prosper, Texas, ranks No. 56 on Automotive Information‘ checklist of the major 150 dealership teams based mostly in the U.S., retailing 14,429 new autos in 2022.
Younger Automotive Team, of Layton, Utah, entered a new condition with a next-quarter order.
On June 26, the team acquired Flanagan Motors Mazda in Missoula, Mont., from Shannon Flanagan, a Younger Automotive spokesperson verified in an electronic mail to Automotive Information. Missoula is situated in the western portion of Montana.
The dealership was renamed Younger Mazda Missoula. Flanagan has stayed on as neighborhood relations administrator for the dealership, Younger Automotive reported.
The team also has dealerships in Idaho.
Younger Automotive ranks No. 110 on Automotive Information‘ checklist of the major 150 dealership teams based mostly in the U.S., retailing seven,859 new autos in 2022.
The post Honda, Jaguar-Land Rover and Mazda car dealerships sell appeared first on Cars News Magazine.
The Auto Xone
Comments
Post a Comment