Lithia Motors buys 14 car dealerships from Priority Auto Group
The acquisition builds off Lithia’s small footprint in the Mid-Atlantic state and gives the auto retailer a sizable presence throughout Virginia.
The acquired dealerships in the Chesapeake, Hampton and Newport News, Va., markets include Priority Toyota Chesapeake, Priority Infiniti of Greenbrier, Priority Acura, Priority Hyundai, Priority Chevrolet Chesapeake, Priority Honda Chesapeake, Priority Toyota Hampton, Priority Honda Hampton, Priority Chevrolet Newport News and Priority Ford Norfolk.
Lithia also bought three dealerships near Washington, D.C.: Priority Nissan Chantilly, Priority Mazda-Nissan Tysons in Vienna and Priority Toyota Springfield, plus one store in the southwest part of Virginia, Priority Honda Roanoke.
The dealerships’ names remain, Lithia said.
The acquisition also included two buy-here, pay-here dealerships, two vehicle buying centers and a certified used-vehicle store, all in Virginia.