Holman Finalizes Acquisition of Leith Automotive
Biggest retail transaction in group's 100-year history nearly doubles its retail business.

Centennial-year purchase puts Holman at nearly 60 dealerships.
IMAGE: Holman
Holman, an automotive services provider, acquired North Carolina-based Leith Automotive Group, nearly doubling its automotive retail business.
After the transaction, Holman said it has 58 dealerships, 34 brands and nearly 4,500 retail automotive employees in nine states. It's the largest retail acquisition in its 100-year history.
The expansion includes 13 new franchises and its first auction center. All Leith facilities are in the greater Raleigh area and Aberdeen, N.C.
“In our centennial year, we’re excited about the opportunities to strengthen and grow our automotive retail footprint that began in 1924 with a single dealership. This acquisition represents the culmination of extensive strategy, hard work and vision to put our employee partners and our business in a position to win for the next 100 years,” said Holman CEO Chris Conroy.
Both family-owned organizations have a legacy of success and growth built on longstanding core values, Holman said. Together, it said they remain committed to doing the right thing for employees, customers and the community. The deal preserves the Leith brand and team.
“Like Holman, Leith has placed the highest priority on delivering excellent customer service by building a strong network of employee partners,” Holman President of Automotive Retail Gene Welsh said. “We are thrilled to welcome Leith’s 1,900 employees to the Holman family.”
Holman ranks as one of America’s largest privately-owned dealership networks. The certified, female-owned broader Holman business delivers a unique range of automotive-centric services to commercial and consumer customers around the globe.
Originally posted on Auto Dealer Today
More Showroom

Used Sales Hit Summer Drag
The vacation season, combined with high prices, has dented deliveries and added to inventories, though supply is still slim enough to keep listings elevated.
Read More →
California Launches EV Rebate Program
Participating automakers are matching the state's $13.5 million investment in new electric-vehicle rebates scheduled to take effect later this summer.
Read More →
OEM Poll Sees Industry Evolution
Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.
Read More →
The Trade-In Paradox
Retailing older cars with confidence in today’s market is a matter of establishing and following a clear process that can turn greater profit for auto dealers as they aim to meet used-unit hunger.
Read More →
Focus on Vehicle Cabins
The market for interior materials will grow in coming years as automakers look to meet consumer demand while staying competitive with changeups to sourcing and included features.
Read More →
State Follows Federal Warning on Auto Ads
The Massachusetts attorney general cautioned the state’s automotive dealers to be upfront with the consuming public about their vehicle prices or risk punishment.
Read More →
European EV Market Hits Record
Seven out of the top 10 electric vehicles sold so far in 2026 in Europe are by European brands, and automakers are seeing the power train fill up their order books.
Read More →
Used EVs Outpace New
While North American electric-vehicle sales remain down year-over-year, May sales saw a 3% increase from April’s numbers as used EVs led the market.
Read More →
New Vehicles Down for Most Brands
Healthy May sales cut into inventory as automakers kept a tight reign on supply, though some brands ended the month with excess units on the ground.
Read More →
Auto Prices Ride May Moderation
Flat ATPs and asking prices clocked in below long-term averages for the month, though some segments saw significant price gains, reported Cox Automotive.
Read More →