Texas Dealership Has New Owner
Transaction of Nissan store follows auto group’s recent purchase of a different Nissan franchise.
The recently traded Nissan store is in Victoria in southeastern Texas.
Pinnacle Mergers & Acquisitions
A Texas Nissan auto dealership changed hands as a first-time retailer took the reins from an established auto group.
Bravo Nissan of Victoria in southeastern Texas near the Gulf of Mexico was sold by principals of Bravo Autos to new franchisee Benji Urra in a deal brokered by Pinnacle Mergers & Acquisitions.
Urra renamed the dealership Nissan of Victoria.
Pinnacle worked with Bravo CEO Raymond Palacios and ?? Alex Flores to sell the store after helping it acquire a different Nissan last year in Baytown, Texas, near Houston.
Bravo still operates five dealerships in Texas and New Mexico.
More Industry
Toyota Financial Services Adds to HQ
The subsidiary says the new Texas facility is designed to foster collaboration and innovation with the aim of future growth.
Read More →
Four-Figure Loan Payments on the Rise
A LendingTree analysis found that location, age and credit score play a role in the rising amount of auto loan borrowers who make monthly payments of $1,000 or more.
Read More →
Dealer Debrief: New-Vehicle Sales Update
In this week's debrief, host Lauren Lawrence discusses the state of new-vehicle sales.
Read More →
Color Your Ride
The first vehicles by startup automaker Slate will come with the option of a medley of wraps in five colors familiar from your childhood.
Read More →
China Leads Global EV Sales
Globally, electric-vehicle sales are continuing their upward trajectory, buoyed by Chinese exports, as the North American region continues to lag behind.
Read More →
How Defection Data is Bridging the Dealership Conversion Gap
Lead volume is flat, cross-shopping is up and brand loyalty is in retreat. As confident sales teams keep losing buyers they thought they had, daily industry sales data is showing dealers exactly where their funnel is breaking and how to fix it without buying a single new lead.
Read More →
Optimized Charging Could Reduce Costs
According to an Alliance for Automotive Innovation analysis, optimized EV charging could cut costs for drivers and improve grid infrastructure - potential adoption incentives.
Read More →
June Automotive Boon?
A forecast for this month’s new-vehicle sales tells a familiar 2026 story: Year-over-year comparisons must be made in light of last year’s aberrations.
Read More →
Safety Improvements Save Lives
Over the past 30 years, automakers have made many safety tweaks to their vehicles. An insurance industry testing group says that's largely thanks to its crash-worthiness program and that prevented fatalities are the clear result.
Read More →
Indiana Dealership Changes Hands
The Chicago-area CDJR store has been in business for nearly 70 years and is now part of a fast-growing automotive group spread across six states.
Read More →