WSM Special Print Edition 2021 | Page 23

SPECIAL EDITION

A DEAL FOR DEALERSHIPS

LHM GROUP SELLS AUTOMOTIVE BUSINESS

On September 29 , 2021 , the Larry H . Miller Group of Companies announced a definitive agreement with Asbury Automotive Group , Inc ., one of the largest automotive retail and service companies in the U . S ., to sell Larry H . Miller Dealerships , Total Care Auto , Powered by Landcar , Saxton Horne Communications , and the real estate associated with the dealerships .
“ Since our family ’ s purchase of a single Utah dealership in 1979 , we have been honored to cultivate a strong , values-based culture and customer-first business model within the automotive industry for more than four decades ,” said Gail Miller , owner , Larry H . Miller Group of Companies . “ We feel a great sense of stewardship to our incredible associates and their families , to our loyal customers and partners , and to the communities where we operate . As always , we believe that being in business is a means to doing good , and this transaction will elevate our ability to continue to enrich lives through our philanthropic efforts as well as reinvest in new ventures .”
Asbury CEO David Hult and Gail Miller
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