To borrow from the opening lines of a certain TV franchise, in New York City, sports fans are represented by two separate and often not equally important teams: The Yankees or the Mets. The Rangers or the Islanders. The Giants or the Jets. “But most New Yorkers gravitate to the Knicks, despite the Nets being […] [Read More]

2Autogroup’s rapid expansion continues with its acquisition of Brookshire Hyundai from Bolton Automotive, a transaction announced by Pinnacle Mergers & Acquisitions, which represented the seller. The dealership in the Houston area is the first in Texas for 2Autogroup, which has emerged from its home base in Colorado with the addition of four stores in three […] [Read More]

Kia North Danvers is going green for its one-year anniversary. The dealership in Danvers, Mass., celebrated its first year in operation by installing solar panels to reduce its carbon footprint and promote clean energy. “This amazing community has welcomed us with open arms, and we’re excited to give back,” general manager Bryan Laskin said, “not […] [Read More]

CarMax is ready to go the extra mile to acquire inventory. All the way to the seller’s front door. The national used-car retailer is now offering at-home pickup service, allowing consumers nationwide to sell their vehicle without leaving their home or office. The company also introduced Offer Watch, a new tool that helps customers track […] [Read More]

Nick Saban has scored again. The former football coach, whose resume includes six national championships with Alabama and another at LSU, has joined with his Dream Motor Group partners Joe Agresti and Steve Cannon to acquire Toyota of Montgomery and Lexus of Montgomery in Montgomery, Ala., from Brett Sutherlin’s Sutherlin Automotive Group in a deal […] [Read More]

As 2025 nears its end, Hudson Automotive Group has pulled off one of the year’s biggest deals. In fact, the Charleston, S.C.-based dealership group’s acquisition of All Star Automotive Group’s 15 franchises in the Baton Rouge, La., area is the second-largest of the year in the number of franchises involved, according to Kerrigan Advisors, which […] [Read More]

Autonomy, the Scott Painter-led electric vehicle subscription company, has secured $25 million in financing to expand its fleet by about 1,250 vehicles. The move extends Autonomy’s fleet, which previously only included Tesla, to new brands, along with adding late-model used and off-lease certified pre-owned vehicles into its offering. Autonomy is adding Volvo and Polestar vehicles […] [Read More]

Amazon Autos welcomed a new addition Monday: certified pre-owned owned vehicles from Ford. Consumers can shop, finance and purchase Ford CPO units via Amazon Autos and take in-person delivery of the vehicle at local Ford stores. The program has launched initially in Los Angeles, Seattle, Houston and Dallas, with plans to add other markets. “The […] [Read More]

Haig Partners has a new managing director with a resume that includes stints with luxury automakers and a fellow firm in the advisory space. The dealership buy-sell advisory firm announced the addition of Emily Bourne to lead its efforts in the Midwest and with Lexus and Porsche dealerships. Bourne has plenty of experience with those […] [Read More]

During Veteran’s Day week, Walser Automotive Group is being recognized for its commitment to military service members, veterans and their families. The Minnesota-based dealership group will become the first automotive retailer in the state to be recognized as a Beyond the Yellow Ribbon company, which denotes employers that actively support the military community. Beyond the […] [Read More]