Automotive retailer Lithia & Driveway acquires Carousel Motor Group

News
M&A

The group comprises nine stores, both premier luxury and domestic brands, and is in the greater Twin Cities

Lithia & Driveway (LAD), an automotive retailer in North America that also provides a suite of financing, leasing, repair and maintenance options, announced that it has purchased Carousel Motor Group, growing its footprint in one of the largest markets in the North Central Region, Minneapolis-St. Paul, according to a press release dated Feb. 27.

Thank you for visiting S&P Global AutoTechInsight.

To get access to the AftermarketInsight full suite of services, please contact us by clicking here.

Already a subscriber? Please log in here.

preload preload preload preload preload preload