AutoNation today announced that it has acquired Groove Ford and Groove Mazda. The dealerships have been rebranded and will now operate under the names AutoNation Ford Arapahoe and AutoNation Mazda Arapahoe.

In 2024, the stores sold nearly 5,000 new and used vehicles with approximately $219M in annual revenue. Both stores are located in Englewood, Colorado, and mark the first AutoNation Mazda and second AutoNation Ford in the state, bringing AutoNation's substantial footprint in Colorado to 13 Domestic, 6 Import, and 3 AutoNation USA dealerships concentrated in the greater Denver area.

"We are excited to welcome Groove Ford and Groove Mazda and their nearly 200 new associates to AutoNation," said Mike Manley, Chief Executive Officer at AutoNation. "These acquisitions build on our strategy to add density into markets where we already have a presence. It allows us to rapidly bring significant scale synergies to the new dealerships, expanding on the current success of these stores and delivering strong returns to our shareholders."

 

Source: prnewswire.com

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