Mega-retailer Asbury Automotive Group sold nine dealerships on Dec. 5 and sold its North Carolina store to Hudson Automotive Group of Charleston, South Carolina, according to Hudson president David Hudson.
A representative for Asbury Automotive did not immediately respond to a call for comment.
Hudson said car news His company purchased six dealerships from Asbury of Greensboro, North Carolina representing the Acura, BMW, Chrysler Dodge Jeep Ram, Honda, Nissan and Volvo brands. The deal included crash shops and parking lots in that city. Hudson Automotive also acquired the Dodge Ram and Ford stores in Fayetteville, North Carolina from Asbury, and the Honda store in Durham, North Carolina was also operated by Asbury under the Crown Automotive regional brand.
According to Hudson, the company’s management is thrilled with the new store, saying the store franchise is a great brand in a great market. The deal gives Hudson Automotive its first BMW and Volvo stores.
“We have been in North Carolina for many years and are excited to continue growing in the area,” said Hudson.
It’s been a mostly quiet year on the trading side of Hudson Automotive until the Asbury deal. Hudson said he acquired Somerville Ford in South Carolina on February 28th. Hudson said the dealer group now has more than 40 stores in North Carolina, South Carolina, Georgia, Tennessee, Ohio, Kentucky, Alabama and Louisiana.
This was not the dealer group’s first deal with Asbury. Hudson Automotive purchased the Lexus dealership in Greenville, South Carolina, from Asbury in September 2020, Hudson said.