Lithia Motors Inc., whose most recent acquisition was for six Airstream dealerships, bolstered its presence in Texas this month with the purchase of a Stellantis store.
Lithia on Wednesday bought Meador Dodge-Chrysler-Jeep-Ram in Fort Worth from siblings Kyle Hunter and Laura Hunter, the auto retail giant confirmed.
The dealership was renamed Meador Chrysler-Dodge-Jeep-Ram, according to a post on Lithia's LinkedIn page.
The Texas acquisition is Lithia's first franchised automotive dealership purchase since it re-entered Wisconsin in September, with the acquisition of five dealerships from Wilde Automotive Group, Lithia confirmed.
Lithia, which also has sold several dealerships this year, divested an Acura store in Southern California this month.
Lithia on Nov. 7 sold DCH Acura of Temecula to Nathan Oh of OH Auto Group, the auto retailer confirmed. The dealership was renamed OH Acura of Temecula. Temecula is north of San Diego.
Lith…