Growing Morgan Automotive Group of Tampa, Fla., bought two Florida Kia dealerships from LMP Automotive Holdings Inc. last week and bought a Florida Stellantis store in a separate, unrelated November transaction.
It marks the third dealership sale announced by small auto retailer LMP in three months. The Fort Lauderdale, Fla., company said in a Monday news release that it is under contract to sell two more dealerships and is marketing its two remaining franchised stores.
The deal…
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