AUTO DEALERSHIP SALES, MERGERS & ACQUISITIONS

ISLAND AUTO GROUP

In a multi-million dollar deal, Island Auto Group has purchased eight Staten Island-based automobile dealerships in Grasmere and Dongan Hills that were formerly owned by the Manfredi family.

TIM GLOCKNER

They started in 1847, six generations ago, when Bernard Glockner started selling hardware, bicycles and buggies.

SERRA AUTOMOTIVE

Serra Automotive continued its out-of-state expansion earlier this week as the Grand Blanc-based dealer announced its takeover of the Champaign, Ill.-based Twin City Honda-BMW dealership.

DAVID STANLEY

Marc Heitz is going on vacation. He’ll have some time now. On Wednesday, he sold his remaining car dealership to David Stanley Auto Group.

BATTISON

After 29 years of operation, Battison Auto Group is changing ownership during the week of Dec. 17.