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
LMP Automotive Holdings Inc. has sued two dealership homeowners, trying to find a mixed $3 million in deposits the vehicle retailer produced to obtain retailers and assets in New York and Texas. The lawsuits adhere to LMP Automotive terminating the bargains this year. An affiliate of the Fort Lauderdale, Fla., retailer submitted a lawsuit May
A Connecticut Kia dealership this 7 days sued LMP Automotive Holdings Inc., alleging breach of agreement and seeking $100,000 in deposits held in the unsuccessful acquisition. But a lawyer for the dealership explained a resolution might previously be in the functions. K & W Enterprises and Ash Street Holdings sued LMP and Very first American
LMP Automotive Holdings Inc. is organizing to terminate its 7 pending buys of many auto dealerships and is considering a sale of the company. “The enterprise intends to terminate all of its pending acquisitions in accordance with the phrases of their respective acquisition agreements, generally thanks to the incapacity to secure economical commitments and shut