AutoNation Increasing Revenue $600M through Dealer Acquisitions

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Auto­Na­tion Inc. is acquir­ing two deal­er groups – Carl Gre­go­ry Enter­pris­es and Val­ley Motors Auto Group – that will bring in an addi­tion­al $600 mil­lion in annu­al rev­enue, the com­pa­ny said. Carl Gre­go­ry Enter­pris­es oper­ates 13 stores in the South­east­ern U.S., and gen­er­at­ed $480 mil­lion in sales in 2014. Auto­Na­tion declined to dis­close the acqui­si­tion price for the two deal­er groups.

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