Lithia exits North Dakota with sale of 2 retail outlets; closes Va. dealership

BE desk

Lithia exits North Dakota with sale of 2 retail outlets; closes Va. dealership

The dealerships had been renamed Nelson Ford of Elegant Forks and Nelson Chrysler-Dodge-Jeep-Ram of Elegant Forks, consistent with logo dealership locator web sites.

The Nelson nation owns dealerships in Williston and Watford Town, N.D., in addition to Fergus Falls, Minn., consistent with the Fergus Now information web site.

Lithia bought a Toyota pack in Elegant Forks latter time.

The August divestiture follows Lithia’s acquire of a Texas Honda pack on July 31. The sale marked the automobile store’s first because it bought a Virginia Toyota pack in June, the Lithia spokesperson showed. Lithia additionally bought two alternative dealerships in June.

Virginia closure

Additionally latter month, Lithia closed one of the most Precedence Auto retail outlets it purchased in June.

Lithia on Aug. 1 closed Precedence Mazda-Nissan Tysons in Vienna, Va., akin Washington, D.C., the Lithia spokesperson showed, however she didn’t touch upon why.

Lithia, of Medford, Ore., ranks Negative. 1 on Automobile Information‘ checklist of the manage 150 dealership teams primarily based within the U.S., retailing 271,596 unused cars in 2022. Lithia’s gross sales figures come with dealerships out of doors of the U.S.

The US just canceled the second Gulf of Mexico offshore wind lease sale

Photo: RWE The US Bureau of Ocean Energy Management (BOEM) has canceled the second offshore…

Ford compares new low-cost EV platform to Rivian and Tesla, says rivals will turn to China

Ford is betting on smaller electric cars as the future. Its “Skunkworks ” team is…

This Texas solar panel recycling plant is powered by secondhand panels

Solar panel recycling company SolarCycle is using secondhand solar panels to power its panel recycling…