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Month: March 2021

LMP Automotive closes on first franchised dealerships

LMP Automotive closes on first franchised dealerships

LMP Automotive Holdings Inc. has purchased its first five franchised dealerships — two Kia stores in Florida, and Kia, Buick-GMC and Chevrolet stores in West Virginia. The company, which went public in December 2019, has aspirations to roll up dozens of dealerships.