Brandon Steven Motors punctuated a bustling a few-month dealership development time period with its Nov. 16 buy of Earn Hyundai Carson in California from Jerry Heuer and Hani Nassif. Business President Brandon Steven instructed Automotive Information that the offer marked the Wichita, Kan., dealership group’s fourth addition given that late August. Also additional were being
Other prospective acquisitions are in perform. In April, Lithia experienced dealerships under agreement really worth $1.9 billion in once-a-year revenue. Tom Dobry, vice president of advertising for Lithia, stated he couldn’t remark on how several dealerships Lithia now has less than contract to buy, nor how significantly in yearly revenue they would deliver. He also