Asbury Automotive Group’s selling spree continues.

The Atlanta-based dealership group completed its third divestiture of the month with the sale of its Larry H. Miller Ford, Chevrolet and Stellantis dealerships in Provo, Utah to Salt Lake Valley Auto Group, a deal announced by sell-side advisor Kerrigan Advisors.

Asbury sold Larry H. Miller stores in Lemon Grove, Calif., and Corona, Calif., earlier in June.

All five of the recently sold dealerships were among the 61 acquired by Asbury in its $3.2 billion purchase of the Larry H. Miller Dealerships in December 2021.

In a news release, Kerrigan said the sales are part of Asbury’s “strategy to optimize the group’s brand mix.”

During its first quarter earnings call in May, Asbury noted it had divested six dealerships in 2024 and two more in the first quarter of 2025.

Of course, Asbury has been busy this year on the acquisition side, too, having announced a deal to add The Herb Chambers Company’s 33 dealerships in February. Asbury currently operates some 150 locations in 13 states.

“Asbury’s approach to portfolio management is a great example of how the buy/sell market continues to evolve,” Kerrigan Advisors founder and managing director Erin Kerrigan said, “with well-capitalized groups thoughtfully rebalancing their assets to align with long-term growth goals.”

Salt Lake Valley Auto Group, owned by the Keyvani family and led by president Keyvan Keyvani, adds its new dealerships in Provo to the four stores it operates in the Salt Lake City area. The group was founded in 1983.

Sonic Tools to give away patriotic toolbox

Sonic Tools USA is inviting automotive, aviation and manufacturing technicians to enter to win a limited-edition Sonic S11 toolbox featuring an American United States flag custom wrap design.

The provider of professional-grade tools and equipment, said techs can enter the Independence Day giveaway from Tuesday through July 6 at sonictoolsusa.com/toolboxgiveaway.

“America’s technicians are the backbone of our economy, keeping our infrastructure, vehicles and equipment running smoothly every day,” Sonic USA co-founder and CEO Colby McConnell said. “This Fourth of July, we wanted to show our appreciation for their dedication and hard work with a toolbox that’s as patriotic as it is practical.

“This S11 toolbox will suit technicians of any trade and provide them with ample space to store their current collection plus any future tool investments.”

Sonic said the toolbox can hold up to 644 pieces in the Sonic Foam System, designed to keep workflows organized and ensure tools return to their designated space. It features an 881-pound static load capacity, eight drawers with a 100% retractable design, a front centralized safety lock with folding keys, rubber casters with a brake system, and integrated can holders, paper towel holder and trash bin.

The winner will be announced July 7.