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The sale of two Minnesota franchises ends a rare multigenerational business while adding to one of the Midwest’s biggest auto groups.
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The Kerrigan Index shows that despite a chaotic year of musical trade tariffs, high vehicle prices and more roadblocks, acquirers still flush with pandemic-era cash accelerated the consolidation pace.
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Gilchrist Automotive has added Team Gillman Chevrolet to its auto group, which has over 20 locations across Texas and Oklahoma. The store will now operate as Gilchrist Chevrolet.
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A Tennessee-based automotive group with deep industry history picked up the well-established Honda store, rebranding it.
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The Kia store went to a growing automotive group led by a Time Dealer of the Year as its former owner focuses on Albuquerque.
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A name change is planned for the handful of dealerships across multiple brands after an auto group picked them up for its growing roster.
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Kerrigan Index, survey find industry buy-sell activity robust despite industry challenges
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Major U.S. group picks up one of the biggest dealership collections in the state
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Major industry deal billed as enhancing auto dealer wealth and F&I solutions
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