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Grappone Automotive Group selling of some of its franchises, company says

The automotive group that has been operating in New Hampshire for 100 years said three of its franchises will stay in the Grappone family.
The Grappone Automotive Group, a family-owned business in New Hampshire since 1924, has sold its Toyota and Hyundai franchises to the Key Auto Group, based in Vermont. The sale, which closed on March 31, 2024, includes the Toyota dealership in Concord and the Hyundai dealership in Bow. The Grappone family decided to sell these franchises to focus on their remaining dealerships, which include Honda, Mazda, and Ford. The Key Auto Group, now operating 23 dealerships across New England, plans to maintain the current staff and continue providing excellent service to customers. This strategic move allows the Grappone family to concentrate on their core business while ensuring the Toyota and Hyundai franchises continue to thrive under new ownership.

Read the Full WMUR Article at:
[ https://www.wmur.com/article/grappone-automotive-group-sale-franchises-toyota-hyundai/64632337 ]