auto dealer

Jul 30, 2024

New River auto group divests two more dealerships

On July 15, New River Valley automobile dealer Gary Duncan sold his Christiansburg Honda and Hyundai dealerships to New River Valley-Owned Shelor Motor Mile. Duncan declined to provide financial details. Representatives from Shelor Motor Mile did not respond to requests for comment. The deal follows Duncan’s 2022 sale of his Roanoke-based Acura, Audi and BMW […]

Jan 9, 2024

Jim Price Auto Group sells last dealership

Charlottesville-based Jim Price Auto Group has sold its Chevrolet dealership — its final franchise — to Malloy Auto Group. Financial terms of the transaction were not disclosed. Price Chevrolet is located on more than 10 acres on Seminole Trail in Charlottesville, according to a Tuesday news release from auto dealer sell-side adviser Kerrigan Advisors, which […]

Apr 28, 2023

Charlottesville car dealerships acquired

Flow Automotive Cos. has completed its acquisition of five Umansky Automotive Group dealerships in Charlottesville, the company announced April 18. Terms of the deal were not disclosed. Flow’s acquisition includes locations selling Honda, Toyota, Subaru, Mercedes-Benz, Chrysler, Dodge, Jeep and Ram automotive brands, according to a news release. Flow currently has dealerships representing Au[...]

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