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Dealership Buy/Sell.

Publication: Automotive News
Publication Date: 14-MAY-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: Dealership Buy/Sell.(News)(Classic Automotive Group)(General Motors Corp. Cadillac Motor Car Div.)(UnitedAuto Group Inc.)

Article Excerpt
UnitedAuto Group buys 3 Austin, Texas, stores

UnitedAuto Group Inc. this month acquired Classic Automotive Group near Austin, Texas, which operates Toyota-Scion, Honda and Hyundai dealerships in suburban Round Rock. UnitedAuto says it expects the dealerships to contribute $300 million in annual revenue.

Terms of the acquisition were not disclosed. UnitedAuto, a public dealership group in...

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