AutoNation Acquires Top Toyota Store
The automotive group added Toyota of Newnan, a high-performing dealership in Georgia, to its roster of over 300 rooftops across the U.S.
Toyota of Newnan is the No. 1-volume dealership in the city, commanding an estimated 22% share of all new-vehicle sales in the market.
Toyota
AutoNation has acquired its second Toyota dealership in over a decade, Toyota of Newnan, in Atlanta suburb Newnan, Ga.
Kerrigan Advisors represented the seller, Birmingham, Ala.-based Tameron Automotive Group, which owns Honda and Hyundai dealerships serving north and central Alabama.
“After building Toyota of Newnan into the market’s leading dealership, the time was right for our group to focus our attention and resources on Birmingham, Alabama, our home market,” said Danny Braden, co-owner of Tameron Automotive Group.
According to Kerrigan, it is the No. 1-volume dealership in Newnan, commanding an estimated 22% share of all new-vehicle sales in the market.
AutoNation owns over 300 locations across the U.S.
“The sale of Toyota of Newnan reflects buyers’ insatiable demand for Toyota franchises, particularly in high-growth markets like Newnan,” said Erin Kerrigan, founder and managing director of Kerrigan Advisors.
The sell-side adviser’s 2025 Dealer Survey found that 86% of respondents had a high level of trust in Toyota, over 20 percentage points higher than the nearest nonluxury competitor.
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