Monday, January 17th, 2022

Tag: buys

Keating Auto Group expands in Texas; growing group buys dealerships in Ohio and New Jersey

Keating Auto Group has acquired three more stores in Texas, while a growing dealership group purchased two import stores within the past month and a family-owned dealership bought its second store in Iowa. Here...

David Rosenberg buys 2 N.H. dealerships, grows group to 6 rooftops

New England dealer David Rosenberg has purchased two more dealerships, bringing his count to six rooftops in three states. Rosenberg said he and partner Bob Ramos purchased Rockingham Toyota and Rockingham Honda in Salem,...

Biden administration buys 10 million courses of Pfizer Covid treatment pill

Paxlovid, a Pfizer’s coronavirus disease (COVID-19) pill, is seen manufactured in Ascoli, Italy, in this undated handout photo obtained by Reuters on November 16, 2021. Pfizer | Handout | via Reuters President Joe Biden...

Here’s the latest U.S. dealership buys and sells

New franchised dealership owners have purchased a Ford dealership in Galesburg, Ill., northwest of Peoria. Dan Kuna and Tony Lozich on Oct. 29 bought Yemm Ford from owners Rick Yemm and Mark Kleine, said...

Lithia buys two South Florida Audi dealerships

Lithia Motors Inc. has bolstered its Florida presence with the purchase of two Audi dealerships. Lithia this month bought Audi Fort Lauderdale and Audi Coral Springs from Qvale Auto Group, a Lithia spokeswoman said....

Burger King parent Restaurant Brands International buys Firehouse Subs for $1 billion

Firehouse Subs Laura Kalcheff | Moment Mobile | Getty Images Burger King parent Restaurant Brands International announced Monday it bought Firehouse Subs for $1 billion. Shares of the restaurant conglomerate rose 2% in premarket...

Foxconn buys Lordstown Motors’ old GM factory for $230 million

Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Taiwan-based electronics manufacturer Foxconn is moving...