LaFontaine Automotive Group acquires Ralph Thayer Automotive

LaFontaine Automotive Group on Thursday announced it has acquired Livonia-based Ralph Thayer Automotive, just the latest example of an accelerating consolidation trend among auto dealerships navigating a rapidly-changing industry.

LaFontaine itself has been on something of an acquisition spree. The group — which includes 44 retail franchises, six collision centers and 25 Michigan retail locations — bought Shuman Chrysler Dodge Jeep Ram of Walled Lake and Delehanty Ford in Flushing in October, according to a news release.

And this latest deal comes on the heels of Lithia Motors Inc. acquiring the Troy-based Suburban Collection dealerships, connecting its 56 franchises to one of the largest auto retail networks in the country.

Industry Automotive