Lithia and Driveway, the most active dealership group in the buy-sell market, is at it again — this time as a seller.

Lithia has sold three dealerships in West Virginia to Atlantic Coast Automotive Group, a move broker Dave Cantin Group said was “a key strategic divestiture” for the giant group, which operates some 340 locations in the U.S., Canada and the U.K.

Lithia opened 2025 with acquisitions in January and March after closing 2024 with a sale in December.

The sale of Subaru of Morgantown, Ford Lincoln of Morgantown and Chrysler Dodge Jeep RAM Fiat of Morgantown marks Lithia’s exit from West Virginia, and the entrance into that market for Florida-based Atlantic Coast, which owns more than 90 dealership locations in Florida, Maryland, Pennsylvania, Virginia and now West Virginia.

Atlantic Coast continues to be in growth mode, having recently acquired two stores in the Tampa, Fla., area.

Trophy Automotive acquires nation’s No. 2 Kia store

Trophy Automotive Dealer Group has acquired Kia of Cerritos in Cerritos, Calif., according to Kerrigan Advisors, which advised the seller in the transaction.

Kerrigan said Kia of Cerritos — located in Cerritos Auto Square, the nation’s largest auto mall — is the second-highest volume Kia dealership in the U.S.

Trophy Automotive, based in Los Angeles, was founded in 2013 and operates six dealerships in Southern California.

Lou Sobh Automotive, owned by Lou and Mike Sobh, operates nine dealerships representing in Georgia, Florida, and Mississippi. Kia of Cerritos was the family’s only dealership in California.

The Atlanta-based Sobh acquired Kia of Cerritos in 2010. Having built it into one of the nation’s top-selling Kia stores, the family decided to sell it to concentrate on their holdings in the Southeast, Kerrigan said in a news release.

Mike Sobh said Trophy “will continue to provide new career opportunities for our fantastic employees and further enhance the legacy of Kia of Cerritos. We extend our gratitude to all our employees and the community for the nearly 15 years of support.”