The sale of the third-generation dealership closed on Nov. 17.
Acquires three dealerships in Fairfield from Foundation Automotive Group.
Auto groups acquire and sell dealerships in Montana, Washington, Texas, Massachusetts and Iowa.
Picks up Hometown Subaru, Hometown Kia, and Hyundai of Beckley, all in West Virginia.
DealerCorp Solutions, its second acquisition so far this year, shows commitment to Canadian market.
Canadian auto group purchases Simi Valley Chrysler-Dodge-Jeep-Ram and Marin Mazda in San Rafael, California.
Mergers and acquisitions are part of the business cycle and have taken a strong hold in the automotive industry. It’s a great time for both growth and expansion.
Profit, revenue were up but short of Wall Street forecasts.
