Oklahoma Dealership Sells
Honda store adds to small auto group’s stable
The Honda store was renamed to reflect its now owner's brand.
Pinnacle Mergers & Acquisitions
A southern Oklahoma dealership recently changed hands between two auto groups in the state.
The transaction, brokered by Pinnacle Mergers & Acquisitions on the part of seller, resulted in a name change for the Honda store in Ardmore, near the Texas state line.
Patriot Auto Group sold the dealership to Jeremy Hodge Auto Group, which renamed it from Patriot Honda to Jeremy Hodge Honda.
It’s the second sale of a Patriot store in Ardmore to the Hodge group in as many years. Last year, Patriot sold a Chevrolet GMC dealership to the fellow Sooner State group.
Hodge’s grandfather was a Ford dealer in Oklahoma. His group now owns nearly half a dozen dealerships among the Chevrolet, GMC, Honda and Toyota brands.
More Industry
Why Your F&I PVR Is Misleading You
Here’s a handy checklist of the numbers to track in 2026 instead.
Read More →
Need for Speed: EV Apps Lack Consistency
Fifty-five percent of surveyed EV owners said their mobile applications had a major or moderate impact on their purchasing decisions, but connectivity issues remain a problem.
Read More →
Inventory of New Units Stable
Auto brands spent April clearing out most of their 2025 supply with incentives while holding firm on 2026 prices, striking a balance to meet demand and protect their bottom lines.
Read More →
Auto Trade Group Supports Emissions Delay
The Alliance for Automotive Innovation announced its support of a delayed timeline for federal emission standards for light- and medium-duty vehicles.
Read More →
Backup Cameras Causing Concern
Research has shown that the devices bring significant safety benefits, though many recalled U.S. units have yet to be repaired.
Read More →
Timing the Market Can Hurt Long-Term Program Performance
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
Read More →
Air Bag Inspections Urged
ASE has issued guidance for service technicians to inspect units in vehicles they work on to ensure they’re not suspect air bags linked to deaths.
Read More →
Michigan Auto Group Acquires Ohio Rooftops
Feldman Automotive Group added two new brands, Honda and Toyota, to its portfolio with its latest acquisition of four Fireside dealerships in Ohio.
Read More →
BMW Group Invests in AI
Its venture capital arm, BMW i Ventures’, third fund will focus on agentic and physical artificial intelligence, as well as sustainable industrial processes and materials.
Read More →
Subaru Exec Retires, Role Evolves
Subaru of America is revamping its fixed operations department to emphasize the automaker’s commitment to enhancing customer ownership experience.
Read More →