Sonic Automotive and Kerrigan Advisors announced the acquisition of Audi New Orleans from Bohn Brothers Automotive Group. The Metairie, La., store has served the Crescent City area since 2009. +

Kerrigan Advisors tracked 330 dealership transactions involving 544 franchises in the first nine months of 2024, putting M&A on track for a fifth consecutive year of growth. +

Kerrigan Advisors facilitated the sale of the family-owned Cowboy Toyota to the family-owned CAR Group. +

The buy-sell market for auto dealerships set records in the first half of 2024 with transaction activity on pace to double pre-pandemic levels for the year. +

Jim Keras Automotive Group has been reunited with its former Buick franchise after purchasing Sunrise Buick GMC Covington Pike from Sunrise Auto. +