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On September 29, 2021, Asbury purchased the Utah-based Larry H. Miller Dealerships for $3.2 billion, along with its Total Care Auto (TCA) vehicle protection plan business. [20] The company divested seven Toyota and Lexus dealerships due to manufacturer guidelines. [21]
Larry H. Miller (April 26, 1944 – February 20, 2009) was an American businessman. He owned the National Basketball Association 's (NBA) Utah Jazz and the Salt Lake Bees , a minor league baseball team.
The other dealerships were not pleased. In 1998 twenty-five Chrysler dealerships in five states threatened to boycott Chrysler Corporation if they did not reduce the number of cars they allocated to Dave Smith Motors. [11] The Federal Trade Commission considered their boycott illegal [12] and the group settled the charges before the boycott began.
As head of PSA Peugeot, Tavares took control of the Netherlands-based company in January of 2021 when it merged with Fiat Chrysler Automobiles. Struggling Jeep and Ram maker Stellantis is ...
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The Chrysler company was founded by Walter Chrysler on June 6, 1925, [12] [13] when the Maxwell Motor Company (est. 1904) was re-organized into the Chrysler Corporation. [14] [15] The company was headquartered in the Detroit enclave of Highland Park, [16] [17] [18] where it remained until completing the move to its present Auburn Hills location in 1996.
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