MENU
SEARCHGroup1 Automotive acquired BMW, MINI and Cadillac dealerships in Arlington, Texas, from Moritz Dealerships.
HOUSTON — Group 1 Automotive Inc., an international, Fortune 500 automotive retailer, today announced the acquisition of Moritz BMW/MINI and Moritz Cadillac in Arlington, Texas.
The dealerships, which will operate as BMW of Arlington, MINI of Arlington and Cadillac of Arlington, are expected to generate $200 million in estimated annual revenues.
"Dallas, Texas is one of the largest and fastest growing luxury automobile markets in the [United States]," said Earl J. Hesterberg, Group 1's president and CEO. “These well-established businesses will give Group 1 a great platform for growth and will further expand our important, long-term relationship with BMW of North America.”
EFI 2026 will take place April 13–15 at The Cosmopolitan Las Vegas.
Read More →
In this video, Reese Dailey explains how effective follow-up drives better results across the dealership, including increased sales, higher F&I penetration, and stronger customer retention.
Read More →
‘So You Think You Can Do F&I’ is a live role-play contest taking place at the 2026 Ethical F&I Managers Conference.
Read More →
Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.
Read More →
A new top 10 list ranks the least expensive for average full insurance coverage on a clean driving record and high driver credit scores.
Read More →
Try following these 20 steps to greater success in the dealer F&I office this year.
Read More →
A TransUnion study found that relationship-driven sales models proved to be important, as consumers who used an agent had a lower shopping intensity than those going it alone.
Read More →
2025 brought consumers relief after years of rate hikes, but 2026 could bring renewed policy pain, depending on how U.S. trade policy affects prices.
Read More →
In this video, Reese Dailey of the Automotive Training Academy by Assurant reveals strategies to make cash deals profitable without relying on monthly payment bumps.
Read More →
Suite of new APIs, product enhancements and integrations is designed to help maximize contracting and funding efficiency for lenders and their dealer partners.
Read More →
