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Sonic purchased two dealerships from PPE Houston in January 2007. The acquisition of the Land Rover and Jaguar stores brought Sonic to 173 franchises and 37 collision repair centers. [15] Sonic halted its acquisition strategy during the Great Recession, but returned to acquiring new locations in order to drive growth in 2013. [16]
In December 2019, Asbury agreed to buy Texas-based Park Place Dealerships, a collection of luxury vehicle dealerships in the Dallas/Fort Worth area, for $1 billion. [15] On March 24, 2020, the deal was canceled amid concerns due to the COVID-19 pandemic. [16] However, a modified deal was reached on July 6 of that year [17] which closed on ...
Jaguar's business was founded as the Swallow Sidecar Company in 1922, originally making motorcycle sidecars before developing bodies for passenger cars. Under the ownership of SS Cars, the business extended to complete cars made in association with Standard Motor Company, many bearing Jaguar as a model name. The company's name was changed from ...
2001: Retro-styled Ford Thunderbird is introduced, based on the Lincoln LS/Jaguar S-Type DEW98 platform, and is also named Motor Trend Car of the Year for 2002. 2002: Fifth-generation Fiesta is launched by Ford of Europe. 2002: Lincoln Continental is discontinued after a roughly fifty-year run. Jaguar X-Type is introduced (first AWD Jaguar ...
A stunning Jaguar XKSS tribute car made to resemble one owned by Steve McQueen was stolen from a locked garage in Austin, Texas last weekend — and its creators are asking the public for help ...
JM Family Enterprises, Inc. (JMFE) is a diversified automotive company. It is ranked by Forbes as the 17th largest privately held company in the U.S. [3] The company is ranked on the Fortune "100 Best Companies to Work For" list, [4] and was No. 9 on the InformationWeek 500 list of the nation's leading information technology innovators.