The recent sale of three dealerships owned by Duval Motor Company to Lithia & Driveway is featured in the CBT News Article, "Lithia Motors expands into North Florida, adding $200 million in revenue."
In the article, Kevin Nill, managing director, discusses the strength of the North Florida market: "North Florida’s appeal is a rapidly growing market with lighter congestion compared to other parts of the state. He emphasized the ongoing demand for strong, desirable franchises in hot markets despite a slowdown in the broader market’s financial performance. Top brands in sought-after locations continue to attract interest from buyers like Lithia."
Read more at CBTNews.com [may require a subscription].
