"North Carolina Dealership Shake-Up: Hendrick Automotive Group Expands its Reach In a move that signals further consolidation in the automotive industry, Hendrick Automotive Group has acquired three locations from Paramount Automotive Group, marking its entry into the Charlotte and Greensboro markets through Foreign Cars Italia. The acquisition, which brings Hendrick's portfolio to a significant new region, underscores the company's ongoing expansion strategy. With a reputation for delivering exceptional customer experiences, Hendrick Automotive Group is poised to bring its signature approach to the Tar Heel State, potentially disrupting the local dealership landscape. As the automotive sector continues to evolve, industry insiders will be watching closely to see how Hendrick's entry impacts the market."
Hendrick Automotive Group bought Foreign Cars Italia’s three locations in Charlotte and Greensboro, N.C., from Paramount Automotive Group.