Dealerships Trade Hands in Four States
Dealerships trade hands in four states.

Stores trade hands in Delaware, Georgia, North Carolina and Texas
IMAGE: Getty Images/PierreDesrosiers
Three dealer groups picked up stores in four states in recent months, Automotive News reported.
In Delaware, Hertrich Family of Automobile Dealerships bought two stores and a collision center in Newark, Del. From Porter Automotive Group, the publication said.
Hertrich rebranded the Nissan and Infiniti dealerships after the group. The acquisition added its first Infiniti store.
The group also owns dealerships in Maryland and New Jersey. It ranks 109th on Automotive News’ list of the top 150 U.S.-based dealer groups with more than 9,000 new-vehicle sales in 2021.
In Georgia, Troncalli Automotive picked up Jefferson Ford northeast of Atlanta from Jimmy Bailey, keeping the store’s name.
Troncalli also owns Chevrolet, Chrysler-Dodge-Jeep-Ram, and Subaru stores across Georgia.
In North Carolina, Brian Vonderheide bought his first new-car dealership with his acquisition of Planet Mitsubishi Hickory in Hickory from Helmi Felfel of Charlotte-area Planet Automotive Group
The store, in western North Carolina, is now Mountain Mitsubishi. He formerly managed franchised dealerships and most recently owned a used-luxury-vehicle store, Automotive News said.
And in Texas, the Khoury Group in San Antonio bought Heart of Texas Ford in Brady from John and Kelly Reavis, rebranding it Destination Ford of Brady and bringing the group’s total franchised stores to 14, in addition to four used-car dealerships.
Originally posted on Auto Dealer Today
More Industry

World EV Adoption Set to Grow
A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.
Read More →
Black Book: Weekly Market Update
Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.
Read More →
Pricing Transparency Drives Purchase Consideration
An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.
Read More →
Black Book: Weekly Market Update
Used-vehicle market depreciation was the prevailing story in the wholesale market last week.
Read More →
Smaller Is Looking Better
A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.
Read More →
U.S. EV Market Slowly Stabilizes
U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.
Read More →
Global EV Market Entering New Phase
Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.
Read More →
Black Book Weekly Market Update
The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.
Read More →
Auto Affordability in Context
Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.
Read More →
Black Book: Weekly Market Update
Automotive auction inventory increased last week, giving choosy bidders even more leeway.
Read More →