8/8/2025, 11:00:00 AM | www.autonews.com | news
Dealership buy-sell database updates: Asbury, AutoNation among sellers in latest tracked deals
A recent update to the Automotive News buy-sell database highlights several dealership ownership changes, including Covina Hills Chevrolet in Covina, California, which changed ownership in July. The transaction involved seven of the top 150 dealership groups, some of which are publicly held, across ten U.S. states. The article also covers future product developments from major automakers: Future Product Jaguar will retain only the F-Pace until a new electric GT arrives in 2026; Volvo will discontinue its S90 sedan and V60 wagon in the U.S. starting in 2026 and has already discontinued its electric EC40 crossover; and Jaguar Land Rover (JLR) plans to launch three new electric Range Rover models in 2026, though U.S. pricing and sales may be impacted by tariffs and export quotas. Additionally, Genesis is expected to discontinue its G70 compact sedan globally after the 2027 model year to align with its luxury brand positioning.