A long-standing automotive dealership owner is stepping away from the business as five dealerships in North Carolina and one in South Carolina are set to change hands in a recent sale. The transaction marks the end of an era for Larry Cloninger, who has been a key figure in the region’s dealership landscape for years. Buyers have not been publicly identified, leaving questions about future leadership and potential shifts in local automotive retail. Industry observers will watch closely to see how the transition affects customers and employees in the affected areas.
Five of the stores are in North Carolina and one is in South Carolina. The sale marks Larry Cloninger’s exit from dealership ownership.