Parks Automotive Team, bolstered by an undisclosed expense from Franchise Fairness Companions, has expanded its North Carolina operations, business President Adam Parks said. Jack and Robin Salzman on Jan. 18 bought Lake Norman Chrysler-Dodge-Jeep-Ram in Cornelius and Gastonia Chrysler-Dodge-Jeep-Ram, both close to Charlotte, to increasing Parks Automotive so they could pursue other passions in company
Boulware, 48, explained he originally had no intentions of a lifetime in automobile retail when he invested into a dealership. “In the off-time, I just wished to go examine on my investment decision,” Boulware claimed, adding that all through the visits he would check with many issues. But eventually he experienced uncovered 1 of his
Growing Morgan Automotive Group of Tampa, Fla., purchased two Florida Kia dealerships from LMP Automotive Holdings Inc. very last 7 days and acquired a Florida Stellantis retail store in a different, unrelated November transaction. It marks the 3rd dealership sale announced by little automobile retailer LMP in three months. The Fort Lauderdale, Fla., firm said
Eide Automotive Team provides Ford, Kia dealerships Eide Automotive Team on Aug. 1 acquired Monthly bill Barth Kia and Bill Barth Ford in Mandan, N.D., from Bill Barth Automotive Group. The dealerships were being renamed Eide Ford Mandan and Eide Kia Mandan. Mandan is west of Bismarck, N.D. Jesse Peterson, the group’s CEO and vendor
Longtime Georgia seller Jim Ellis, founder of his namesake vehicle group, died Friday at his Duluth, Ga., property, just weeks after his son Jimmy Ellis, the firm’s CEO, died, the Ellis loved ones mentioned. Jim Ellis was 90. No bring about of loss of life was shared. All Jim Ellis Automotive destinations will shut Wednesday
About 270 workers at an Autoneum AG plant in Bloomsburg, Pa., went on strike last week against the key global automotive insulation systems supplier. Contract negotiations between the company and its union have stalled following the company’s latest contract offer being rejected by workers, according to media reports. Workers walked off the job Thursday afternoon,