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.
More Industry
Connection Drives Consideration
Convenience and safety are top priorities for American drivers when it comes to connected vehicles and the services they expect with their next car.
Read More →
New-Vehicle Prices Stay Put
Affordability pressures and model availability shaped new-vehicle sales in September, according to an analysis by Kelley Blue Book.
Read More →
EV Buyer Consideration Shifts
What drives American consumers to purchase an electric vehicle is shifting as the question moves away from Should I?' to 'Which features and experience do I want to have?'
Read More →
Auto Nameplate Loyalty Holds in Tough Times
Consumers have been faithful to brands despite financial pressures, and JD Power says that’s because automakers have made some wise moves.
Read More →
Top New Jersey RV Store Sells
Myer’s RV Superstore is expanding its footprint in the state with two new locations that it acquired from Ed Hutchinson Jr.
Read More →
Alliance Analyzes Technician Pipeline
A new industry report examines the state of skilled trades in the U.S. and details the drivers of demand for automotive repair and how technicians enter and grow in the workforce.
Read More →
Luxury Rooftop Changes Hands
Genesis of Glenview is getting a new owner and a new location, but its name will stay the same.
Read More →
Future-Proof Your Business
A new industry outlook details several ways that automotive companies can use the rise in artificial intelligence and advanced technologies to their advantage.
Read More →
Dealership Buy-Sells Keep Going Up
First-half transactions reflect continued high appetite for acquisitions despite falling profits, the most sought-after franchises bringing record prices.
Read More →
California Makes Electric Moves
New laws in the Golden State aim to advance consumer access to public electric-vehicle chargers and reduce costs and barriers to its infrastructure.
Read More →