Asbury Automotive Group Sells Last California Dealership to Vaughan Automotive, Renamed Maverick Toyota

Reuters

06-17

Asbury Automotive Group Sells Last California Dealership to Vaughan Automotive, Renamed Maverick Toyota

SAN DIEGO--Asbury Automotive Group Inc. has completed the sale of Larry H. Miller Toyota Lemon Grove to Vaughan Automotive, marking Vaughan's entry into the California market. The transaction, which closed on June 16, includes the dealership's real estate and business operations. Previously acquired by Asbury in December 2021 as part of the Larry H. Miller Dealerships purchase, this sale represents the last of Asbury's California holdings. The Presidio Group LLC, known for its expertise in mergers and acquisitions within the automotive sector, provided exclusive advisory services to Asbury for this transaction. Vaughan Automotive, already a representative of four metro Toyota stores in Texas, plans to rename the dealership Maverick Toyota as part of its strategic expansion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Asbury Automotive Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250617960917) on June 17, 2025, and is solely responsible for the information contained therein.

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Miller Toyota Lemon Grove to Vaughan Automotive, marking Vaughan's entry into the California market. The transaction, which closed on June 16, includes the dealership's real estate and business operations. Previously acquired by Asbury in December 2021 as part of the Larry H. Miller Dealerships purchase, this sale represents the last of Asbury's California holdings. The Presidio Group LLC, known for its expertise in mergers and acquisitions within the automotive sector, provided exclusive advisory services to Asbury for this transaction. Vaughan Automotive, already a representative of four metro Toyota stores in Texas, plans to rename the dealership Maverick Toyota as part of its strategic expansion.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Asbury Automotive Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250617960917) on June 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250617:nNDL72wXy9:1","article_id":"2544962559","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544962559","pubTimestamp":1750161976,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"SAN DIEGO--Asbury Automotive Group Inc. has completed the sale of Larry H. 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Miller Toyota Lemon Grove to Vaughan Automotive, marking Vaughan's entry into the California market. The transaction, which closed on June 16, includes the dealership's real estate and business operations. Previously acquired by Asbury in December 2021 as part of the Larry H. Miller Dealerships purchase, this sale represents the last of Asbury's California holdings. The Presidio Group LLC, known for its expertise in mergers and acquisitions within the automotive sector, provided exclusive advisory services to Asbury for this transaction. Vaughan Automotive, already a representative of four metro Toyota stores in Texas, plans to rename the dealership Maverick Toyota as part of its strategic expansion.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Asbury Automotive Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250617960917) on June 17, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}