AutoNation Acquires Mercedes-Benz of Chicago and Fletcher Jones Audi from Fletcher Jones Automotive Group

Sonic Automotive Acquires Porsche Walnut Creek from Fletcher Jones Automotive Group

August 27, 2026

Transportation

Sonic Automotive, Inc. acquired Porsche Walnut Creek to expand its luxury presence in Northern California and grow its Porsche dealership portfolio. The dealership, previously operated by Fletcher Jones Automotive Group, serves Walnut Creek, the East Bay, and the greater San Francisco Bay Area. The transaction closed on August 25, 2026.

AutoNation Acquires Audi Fremont, Mercedes-Benz of Fremont, and Porsche Fremont

June 23, 2026

Transportation

AutoNation acquired three premium luxury dealerships in the San Francisco Bay Area: Audi Fremont, Mercedes-Benz of Fremont, and Porsche Fremont. The deal became effective June 22, 2026 and expands AutoNation’s California footprint to 46 locations, including 21 premium luxury stores.

AutoNation Acquires Fletcher Jones Motorcars (Mercedes-Benz), Audi Fremont and Porsche Fremont

June 23, 2026

Retail

AutoNation Inc. acquired Fletcher Jones Motorcars (Mercedes-Benz) of Fremont, Audi Fremont and Porsche Fremont, along with related real estate, from Fletcher Jones Automotive Group. The Presidio Group served as exclusive M&A advisor to Fletcher Jones on the transaction, which closed June 22.

Fletcher Jones Automotive Group Acquires Mercedes-Benz of Beverly Hills from Group 1 Automotive

May 1, 2026

Retail

Fletcher Jones Automotive Group acquired Mercedes-Benz of Beverly Hills from Group 1 Automotive, in a transaction advised exclusively by The Presidio Group. The deal closed on March 30.

Group 1 Automotive Acquires Three Luxury Brand Dealerships in Florida and Texas

May 19, 2025

Automotive

Group 1 Automotive, Inc. acquired three luxury-brand dealerships — a Lexus and an Acura dealership in Fort Myers, Florida, and Mercedes‑Benz of South Austin in Texas — expanding its footprint in key cluster markets. The three dealerships are expected to generate approximately $330 million in combined annual revenues and will complement Group 1's existing luxury portfolio.

Sonic Automotive Acquires Audi New Orleans

December 12, 2024

Automotive

Sonic Automotive, Inc. has acquired Audi New Orleans, a franchised Audi dealership located in Metairie, Louisiana, from the Bohn Brothers Automotive Group. The deal marks Sonic's first franchise automotive location in Louisiana, expands its Audi footprint to 10 dealerships and brings its total franchise portfolio to 108 locations nationwide.