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Group 1 Automotive Buys Modern Classic Motors In Hilton Head, South Carolina; No Terms Disclosed

Author: Benzinga Newsdesk | March 11, 2024 05:00pm

The acquisition expands Group 1's relationship with Mercedes-Benz to 17 franchises in the U.S. and U.K. and with Honda to 13 franchises in the U.S.  The dealerships are expected to generate $140 million in annual revenues.  

Posted In: GPI


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