Some automakers are demanding one of the largest dealership groups in the country sell some of its stores after a management upheaval that occurred amid ongoing federal and state investigations into the group’s majority owner. Volkswagen, Toyota, Subaru and Audi said they are troubled over GPB Capital Holdings’ September ouster of David Rosenberg as CEO of Prime Automotive Group and as dealer principal of most of the group’s dealerships without notice or approval. Some automakers say contract breaches allegedly made by GPB are grounds for franchise termination.
Automakers Push GPB to Sell Stores Automakers Push GPB to Sell Stores View Article