Lithia Motors buys 14 automobile dealerships from Precedence Auto Staff

BE desk

The purchase builds off Lithia’s tiny footprint within the Mid-Atlantic environment and provides the automobile store a large presence right through Virginia.

The got dealerships within the Chesapeake, Hampton and Newport Information, Va., markets come with Precedence Toyota Chesapeake, Precedence Infiniti of Greenbrier, Precedence Acura, Precedence Hyundai, Precedence Chevrolet Chesapeake, Precedence Honda Chesapeake, Precedence Toyota Hampton, Precedence Honda Hampton, Precedence Chevrolet Newport Information and Precedence Ford Norfolk.

Lithia additionally purchased 3 dealerships alike Washington, D.C.: Precedence Nissan Chantilly, Precedence Mazda-Nissan Tysons in Vienna and Precedence Toyota Springfield, plus one pack within the southwest a part of Virginia, Precedence Honda Roanoke.

The dealerships’ names stay, Lithia mentioned.

The purchase additionally incorporated two buy-here, pay-here dealerships, two car purchasing facilities and an authorized used-vehicle pack, all in Virginia.

Electric vertical takeoff and landing (eVTOL) developer Lilium has announced a new partnership with advanced…

In late 2023, California-based EV manufacturer Motiv Power Systems delivered five electric step vans to…

 Electrify America is on an expansion streak. EVs are part of the solution to remedy…