Four Dealership Sales Close in Four States

Groups acquire various brands, and one also buys a commercial truck business.

October 17, 2022

Dealerships sell in Michigan, Ohio, New Jersey and the Delaware-Maryland area.

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IMAGE: deepblue4you

1 min to read

Domestic brand dealerships changed hands in four deals over the past two quarters, Automotive News reported.

I.g. Burton Auto Group acquired a Stellantis dealership with its purchase of Newark Chrysler-Jeep-Dodge-Ram in Delaware, renaming it I.g. Burton Chrysler-Jeep-Dodge-Ram of Newark. The add gives the dealer group an even 10 new car dealerships in the Delaware and eastern Maryland area among the General Motors, Stellantis, Mercedes-Benz and BMW brands.
Nielsen Automotive Group in East Hanover, N.J. acquired two dealerships west of Newark, a Ford store and a Chrysler-Dodge-Jeep-Ram dealership, branding both with the Nielsen name. The group also bought a commercial truck business in East Hanover that sells to state and local governments.
McDonald Auto Group bought the Dave Hall Inc. Chevrolet-Buick dealership in Marlette, Mich., renaming it McDonald Chevrolet-Buick.
SVG Motors Auto Group bought Springfield Buick-GMC in Ohio, renaming it SVG Springfield Buick-GMC. The group, which covers the Dayton, Ohio, area, now has half a dozen stores across General Motors, Stellantis and Toyota. It purchased the store from Kenwood Dealer Group, which now has 14 dealerships and was ranked 74^th on Automotive News’ top 150 U.S. dealer groups last year.