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In February 2021, a source reported Lithia Motors was in talks to acquire the Suburban Collection dealer chain in Michigan. Suburban reported revenues of $2.7 billion in 2019. Later in April of the same year, the company acquired New Jersey dealership Planet Honda of Union, which is expected to add $230 million in annual revenue.
Group 1 Automotive, Inc. is an international Fortune 300 automotive retailer [3] with automotive dealerships and collision centers in the United States and the United Kingdom. . Group 1 sells new and used cars and light trucks, arranges financial services, provides maintenance and repair services, and sells vehicle par
Chrysler president Lee Iacocca was quoted in the March 10, 1987 LA Times as saying: For Chrysler, the attractions are Jeep, the best-known automotive brand name in the world; a new . . . assembly plant at Bramalea, Canada, and a third distribution system giving us access to a larger market. [106]
The first car dealer ever elected to the U.S. Senate says the Trump agenda for the U.S. auto industry is one that, if enacted, would upend the strategy Detroit's automakers have spent billions of ...
AutoNation is an American automotive retailer based in Fort Lauderdale, Florida, which provides new and pre-owned vehicles and associated services in the United States. [6] The company was founded by Wayne Huizenga in 1996, starting with twelve AutoNation locations, and now has more than 300 retail outlets. [7] [8]
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