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Lithia & Driveway buys Rockwall Hyundai (LAD:NYSE)
Summary by Seeking Alpha
3 Articles
3 Articles
Lithia & Driveway acquired Rockwall Hyundai in the Dallas-Fort Worth area, while Crossroads Automotive Group added Bartow Ford, its first acquisition in Florida.
Dealer group news: Crossroads expands to Florida, Lithia adds store in Texas
Lithia & Driveway has bolstered its presence in the Dallas-Fort Worth area with the purchase of Rockwall Hyundai, the retailer said Tuesday. The purchase of the Rockwall, Texas dealership adds roughly $75 million in annualized revenue to the dealer group. So far this year, Lithia has added expected annualized revenues of $915 million. Lithia financed […]
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