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

Reuters

17 Jun

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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"}}}