Ohio Dealership Sells
Growing group picks up Toyota store in Midwest expansion push.
Toyota of Warren encompasses more than 25,000 square feet on five acres and includes a parts and service center with 18 bays.
Toyota of Warren
A Canada-based auto group picked up an Ohio Toyota dealership in a deal that retains both the store’s name and employees.
Rafih Auto Group in Ontario acquired Toyota of Warren in the dealership’s namesake northeast Ohio city, which sits in the northeast corner of the state.
The transaction was brokered by Tim Lamb Group for seller Jim Whetstone Auto Group, which will continue operating its remaining dealerships in Ohio and New York.
Rafih Auto now has 27 dealerships among 30 brands. The latest acquisition is its first U.S. Toyota store and is part of its growth in the Midwest states of Ohio and Michigan.
Toyota of Warren encompasses more than 25,000 square feet on five acres and includes a parts and service center with 18 bays.
Jim Whetstone Auto Group bought the first dealership that the Tim Lamb Group sold after its 2006 founding. The latest transaction marks the broker’s 120th deal in Ohio.
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 →