LMP closer to dissolution with pending sale of 6 dealerships | Alan Jay Automotive Network sells 2 stores after failed LMP deal | Details on dozens of deals involving Ciocca, Five Star and many more

The pending sale and liquidation plan would be a dramatic collapse for LMP Automotive, which bought its first franchised dealerships in early 2021 and said then that it hoped to acquire 80 to 100 dealerships by the end of 2022.

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Monday, August 15, 2022 Done Deals is a monthly look at the dealership buy-sell market. Readers can share story tips or deal news with Automotive News Buy-Sell Editor Melissa Burden at mburden@crain.com and reporter Jack Walsworth at jwalsworth@crain.com. Subscription Required LMP closer to dissolution with pending sale of 6 dealerships Read More > Subscription Required Alan Jay Automotive Network sells 2 stores after failed LMP deal Read More > Subscription Required Ciocca Dealerships expands, acquires Steve Kalafer-founded Flemington Car & Truck Country Read More >   This Automotive News feature lists dealership acquisitions as reported by brokers, news media and official announcements. See our list of buy-sells and submit details of your deals here.   Recent transactions:   ■ Elk Grove Ford | Elk Grove, Calif. » ■ Lithia Toyota of Grand Forks | Grand Forks, N.D. » ■ Lustine Toyota and Lustine Chrysler-Dodge-Jeep-Ram | Woodbridge, Va. » ■ Forest Lake Chevrolet and Forest Lake Chrysler-Dodge-Jeep-Ram | Forest Lake, Minn. » ■ Volkswagen Norwood | Norwood, Mass. » Subscription Required Audi, Nissan, Ford and Stellantis dealerships acquired in Q2 and Q3 transactions Read More > Subscription Required LMP board recommends liquidation plan; company set to sell 6 dealerships Read More > Subscription Required Stellantis and Ford dealerships sell across 4 states Read More > Subscription Required Five Star Automotive Group acquires Honda, Mitsubishi and Toyota dealerships Read More > Subscription Required Asbury back in the market to buy car dealerships Read More > Subscription Required Stellantis, Mazda and Ford dealerships acquired in 4 states Read More > Subscription Required David Rosenberg and partners buy Nissan, VW dealerships in Massachusetts Read More > Subscription Required Honda, Ford, Stellantis, GMC dealerships sell in 4 states Read More > Subscription Required LMP taps BofA Securities to explore options Read More > Subscription Required Ford, Chevy and Mitsubishi dealerships change hands in Q1, Q2 transactions Read More > Subscription Required Lithia Motors buys Ford dealership, sells Toyota store Read More > Subscription Required Canadian retailer Foundation Automotive enters Tennessee with purchase of four dealerships Read More > Subscription Required Fox Motors acquires three dealerships from Ken Garff Automotive Read More > Subscription Required Rosenthal Automotive Organization buys Honda, Acura, Mazda and Hyundai-Genesis dealerships Read More > Subscription Required Groups acquire Stellantis, Ford, Volkswagen and Genesis dealerships Read More > SUBSCRIBE TODAY Explore the five-year product plans for every major automaker with our subscriber exclusive Future Product Pipeline series. SUBSCRIBE & SAVE 20% This email was sent to bimoharjanto.ankerbellok@blogger.com Manage My Account | Contact Us   © 2022 Automotive News 1155 Gratiot Ave., Detroit, MI 48207-2997 United States Privacy Policy | Terms and Conditions | Unsubscribe