A long-standing dealership owner is stepping away from the business as five North Carolina and one South Carolina store prepare to change hands in a major retail transaction. The move marks the end of an era for Larry Cloninger, who has overseen the dealerships for decades. Buyers are expected to take over operations, though details on the new ownership structure remain under wraps. Industry observers will watch closely to see how the transition affects local automotive markets.
Five of the stores are in North Carolina and one is in South Carolina. The sale marks Larry Cloninger’s exit from dealership ownership.
