A major automotive dealership group is closing its doors as part of a sale that includes six locations across the Carolinas, marking the end of an era for its longtime owner. The transaction consolidates the dealerships under new ownership, with five in North Carolina and one in South Carolina. The move follows the decision of the founder to step away from the business after years of leadership. Industry observers will be watching how the change affects local markets and dealership operations.
Five of the stores are in North Carolina and one is in South Carolina. The sale marks Larry Cloninger’s exit from dealership ownership.
