Ed Morse Automotive Group Grows in Texas
Acquires three dealerships in Fairfield from Foundation Automotive Group.

With the acquisitions, Ed Morse Automotive Group will have a total of 15 locations in Texas.
IMAGE: Pixabay
The Ed Morse Automotive Group has expanded its reach with the acquisition of three dealerships in Fairfield, Texas.
The company bought the dealerships from Foundation Automotive Corp. and will rename them as follows:
Freedom Ford by Ed Morse, formerly Freestone Ford at 1201 US Highway 84 W, Fairfield
Freedom Chevrolet by Ed Morse, formerly Freestone Chevrolet at 320 I-45, Fairfield
Freedom Chrysler Dodge Jeep RAM by Ed Morse, formerly Freestone Chrysler Dodge Jeep RAM at 350 I-45, Fairfield
The group made the investment after being “impressed both by the incredible staff in place and the loyal car buying residents in Fairfield and its surrounding area,” said Chairman and CEO Teddy Morse in a press release. “Our team is excited to be part of such a vibrant community and will continue these dealerships’ history of exceptional deals and outstanding customer service.”
With the acquisitions, the group has a total of 15 locations in Texas, Morse said. It already owned dealerships in Dallas, Greenville, Duncansville, Sherman, Whitesboro, Beaumont, San Antonio and Austin.
The acquisitions add over 50 employees to its more than 2,400 employee base and expand its locations to 47 - 76 automotive franchises, 19 motorcycle franchises and 31 brands, it said.
Originally posted on Auto Dealer Today
More Industry

Ownership Priorities are Shifting
A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.
Read More →
Pump Price Jump Calculated
ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.
Read More →
Black Book: Weekly Market Update
Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.
Read More →
Arkansas Auto Group Acquires First Indiana Rooftop
Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.
Read More →
Stellantis to Dive Into U.S. Lending
The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.
Read More →
New-Vehicle Prices Rise
With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.
Read More →
Black Book: Weekly Market Update
Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.
Read More →
Black Book: Weekly Market Update
Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.
Read More →
EU Auto Association Urges Action
Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.
Read More →
Driving into the Super CFC Era
Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.
Read More →