"Car Dealership Shake-Up Hits North Carolina: Hendrick Automotive Group Expands Its Footprint In a significant move, Hendrick Automotive Group has acquired three locations from Paramount Automotive Group, marking a major expansion into the North Carolina market. The acquired dealerships, Foreign Cars Italia, will now become part of Hendrick's extensive network of car dealerships across the United States. This strategic purchase underscores Hendrick's commitment to growth and its relentless pursuit of becoming one of the nation's largest and most successful automotive retailers. As the automotive industry continues to evolve, this deal highlights the ongoing consolidation of car dealerships and the growing influence of major players like Hendrick."
Hendrick Automotive Group bought Foreign Cars Italia’s three locations in Charlotte and Greensboro, N.C., from Paramount Automotive Group.
