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Jan 13, 2025 | 
autonews.com | Jim Henry
Servco Pacific Inc. in late 2024 bought two Toyota dealerships in Hawaii, including Big Island Toyota in Hilo.
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Jan 6, 2025 | 
cars.usnews.com | John M. Vincent |Warren Clarke |Jim Henry |George Kennedy
Key Takeaways: Phase one of Toyota Woven City is complete in East Japan Toyota-supported community will act as an incubator and experimentation center for new ideas Focused on mobility of people, products and information Expected to grow to 2,000 residentsLAS VEGAS, Nev. — The world’s largest carmaker is endeavoring to change its image as simply a manufacturer of vehicles to a cutting-edge mobility company, poised for whatever the future of transportation will bring.
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Oct 9, 2024 | 
autonews.com | Jim Henry
He said that since the May 9 acquisition, overall sales volume has more than doubled, aided by additional inventory and more aggressive advertising and promotions, especially online. The selling dealers of Motor Inn of Spirit Lake, the Ford-CDJR store and Motor Inn of Estherville, were Mark Heywood and his son Spencer Heywood. They co-own Motor Inn Auto Group and still own a Toyota-Chevrolet dual in Carroll, Iowa.
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Sep 9, 2024 | 
autonews.com | Gail Kachadourian Howe |Jim Henry
A top 150 dealership group bought its first two stores in Illinois in August, while a luxury auto retailer acquired a Porsche store in Colorado and opened a new point with the premium brand, both in the second quarter. Here's a look at two transactions involving import and luxury dealerships. Morrie's Auto Group on Aug. 28 bought Mike Miller Hyundai and Mike Miller Kia, both part of the Mike Miller Auto Park campus in Peoria, Ill., from Mike Miller.
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Apr 11, 2024 | 
autonews.com | Jim Henry
West Herr Automotive Group, a large dealership chain based in Western New York, is piloting an initiative to recruit and train more female service advisers from within the organization — mainly its business development center but potentially from other dealership roles as well. "We have to start somewhere," said Tom Druzynski, service director for the group, in Orchard Park, N.Y., outside Buffalo.
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Apr 9, 2024 | 
autonews.com | Jim Henry
The stores were renamed Wolfe Ford of Fort Benton and Wolfe Chevrolet-GMC of Fort Benton. The buildings are separate, but they share a parts and service department, located at the GM dealership, Ashley Wolfe said. Her brother, Harrison Wolfe, is a partner and group co-owner, and general manager of Wolfe Chevrolet-GMC-Buick Canmore in Alberta.
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Mar 20, 2024 | 
autonews.com | Jackie Charniga |Julie Walker |Jim Henry
A dealership group secured its first Land Rover dealership and entered a new state, the Nissan of Shelby dealership that faced adversity will get a fresh start and a minority-owned dealership group expanded by two stores, all in transactions that closed in the first quarter. Here's a look at the deals involving luxury, import and domestic dealerships and stores in Colorado, North Carolina and Virginia. Keyes Motors Inc.
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Mar 4, 2024 | 
autonews.com | Jim Henry
The buyer, Bridget Reinberger, said she knew a rare opportunity when she saw one. "Ken Ganley doesn't sell dealerships; he buys dealerships," she said in a phone interview. Reinberger purchased the Stellantis store on Jan. 18, and renamed it London Chrysler-Dodge-Jeep-Ram. She owns one other dealership, Gordon Chrysler-Dodge-Jeep-Ram in Washington Court House, Ohio, which is southwest of Columbus. "It made a lot more sense," for Reinberger to have the store, Ganley said.
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Feb 12, 2024 | 
autonews.com | Julie Walker |George Weykamp |Jim Henry
A dealership group acquired its first new stores since 2020, one expanded in Colorado and another bolstered its West Texas presence, all in transactions that closed in the fourth quarter. Here's a look at the deals involving domestic, luxury and import dealerships in Florida, Colorado and Texas. Bomnin Automotive of Miami on Dec. 4 purchased Planet Chrysler-Jeep-Dodge-Ram and Planet Alfa Romeo-Fiat in Doral, Fla., from Potamkin Automotive Group.
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Dec 22, 2023 | 
autonews.com | Julie Walker |Jim Henry
A new dealer joined a small percentage of women who own General Motors dealerships, a large group added a store in a new state, and a former luxury auto retailer returned to store ownership, all in third- and fourth-quarter transactions. Here's a look at the deals involving domestic and luxury dealerships in New York, Indiana and Arizona. The new owner of Molye Chevrolet in Honeoye Falls, N.Y., outside Rochester, is Jessica Stahl, 33. She purchased the dealership, her first, on Sept.
