Holman Finalizes Acquisition of Leith Automotive
Biggest retail transaction in group's 100-year history nearly doubles its retail business.

Centennial-year purchase puts Holman at nearly 60 dealerships.
IMAGE: Holman
Holman, an automotive services provider, acquired North Carolina-based Leith Automotive Group, nearly doubling its automotive retail business.
After the transaction, Holman said it has 58 dealerships, 34 brands and nearly 4,500 retail automotive employees in nine states. It's the largest retail acquisition in its 100-year history.
The expansion includes 13 new franchises and its first auction center. All Leith facilities are in the greater Raleigh area and Aberdeen, N.C.
“In our centennial year, we’re excited about the opportunities to strengthen and grow our automotive retail footprint that began in 1924 with a single dealership. This acquisition represents the culmination of extensive strategy, hard work and vision to put our employee partners and our business in a position to win for the next 100 years,” said Holman CEO Chris Conroy.
Both family-owned organizations have a legacy of success and growth built on longstanding core values, Holman said. Together, it said they remain committed to doing the right thing for employees, customers and the community. The deal preserves the Leith brand and team.
“Like Holman, Leith has placed the highest priority on delivering excellent customer service by building a strong network of employee partners,” Holman President of Automotive Retail Gene Welsh said. “We are thrilled to welcome Leith’s 1,900 employees to the Holman family.”
Holman ranks as one of America’s largest privately-owned dealership networks. The certified, female-owned broader Holman business delivers a unique range of automotive-centric services to commercial and consumer customers around the globe.
Originally posted on Auto Dealer Today
More Industry

Charger Network Growth Slows
Despite a projected increase in public EV chargers in 2026, charging infrastructure remains a top concern for consumers as the gap between the most and least EV-friendly places remains substantial.
Read More →
Lenders, Consumers Take on More Auto Loan Risk
September records loosened credit access the most in over a decade as buyers took advantage of the conditions to afford trading, though loan applications fell.
Read More →
Next-Gen Hybrids in Sight
Dealerships can expect to see revamped hybrids from Honda next year as the company rolls out a new system and model lineup.
Read More →
Gem State Stores Change Hands
A larger auto group founded in the industry’s early years sold two franchises to a neighbor group that's on a growth spurt.
Read More →
Charging In Motion
Honda has been researching wireless in-motion charging for electric vehicles since 2025, and new technology developments have put it a step closer to a final product.
Read More →
Twin Cities Stores Sell
Minnesota-based Walser Automotive Group made what it called the most significant acquisition in its history with a three-rooftop deal in Minneapolis.
Read More →
U.S. Auto Sales Still Below Prepandemic Levels
Mobility Global industry observers don’t expect the market to return to the higher volumes that became routine before Covid but to stay well below its potential.
Read More →
The Powertrain Shift
Electric-vehicle owners are backpedaling, according to new data, with product availability driving many to shift back to gas-powered engines.
Read More →
Achromatic Autos
The shades that dominate the U.S. car market don’t call attention to themselves, though grayscale may have plateaued after a 30-year upswing, research shows.
Read More →
Used-Vehicle Affordability Worsens
Listing prices in August defied seasonal trends, rising above $27,000 for the second time this year.
Read More →