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Automotive NewsGet the most recent news on blockchain and crypto markets – these are quick articles that concentrate on a subject that is “in the news.” They are longer than most social posts, but shorter than most of our extended-kind articles. Even though senior SEC officials leaving their posts to take higher-paying jobs with the firms they formerly regulated” is nothing at all new in standard finance (wink, wink, nudge, nudge…the very good ol’ boy network is alive and nicely!), it appears that the SEC has also firmly elbowed its way into the crypto space as effectively. These are the first U.S. dealerships for Knight Automotive.

The $three.two billion transaction included 54 new-vehicle dealerships, seven utilized-vehicle dealerships, a utilized wholesale business, 11 collision centers, finance and insurance provider Total Care Auto and a advertising and marketing agency. Sign up and get the greatest of Automotive News delivered straight to your e-mail inbox, cost-free of charge. Automotive IT was began in 1997 focusing on the auto IT business and options.

Sign up and get the greatest of Automotive News Europe delivered straight to your e mail inbox, free of charge of charge. Rob Lee of Tim Lamb Group represented the sellers in the transaction. A Limited-Access subscription enables you to access and download tables and other data sets often published in the weekly edition of Automotive News. Truist Securities represented the seller in the transaction.

Let Automotive News Classifieds aid you locate what you require. They make it simple to use their safe trading platform in exchange for withdrawal and network costs payable when you make a trade. Brian Evans and Joe Ozog of Ozog Consulting Group represented the sellers in the transaction. Lithia’s completed initial-quarter acquisitions in Northern California and Las Vegas are anticipated to generate annual income of $1.1 billion, meaning the Medford, Ore., retailer has deals expected to generate annual revenue of practically $2 billion beneath contract, Tom Dobry, Lithia’s vice president of marketing, confirmed.

Jennifer Rafael from Dealer Options Mergers and Acquisitions represented the seller in the transaction. ZT Motors, of Houston, ranks No. 144 on Automotive News’ list of the leading 150 dealership groups primarily based in the U.S., retailing 6,268 new vehicles in 2021. Dan Leroy with the Cotton Bledsoe Tighe & Dawson law firm, in Midland, Texas, advised the seller in the transaction.