LMP Automotive Holdings agrees to purchase majority stake in N.Y. dealership group for $608 million LMP Automotive Holdings agrees to purchase majority stake in N.Y. dealership group for $608 million October 12, 2020 dzadmin Comments 0 Comment Atlantic Auto Group is owned by John Staluppi Sr. It represents the largest chunk of Staluppi Auto Group, which is ranked No. 9 on annual list of the top 150 U.S. dealership groups.