Date published: October 21, 2021
The pending acquisition of Priority 1 Automotive Group in Maryland would add $420 million in annual revenue.
AutoNation Inc.'s plan to buy Priority 1 Automotive Group, of Towson, Md., will add nine luxury dealerships to the nation's largest new-vehicle retailer in a market where it already has a foothold.
Priority 1, a family-owned group in the Baltimore and Washington, D.C., areas, operates three BMW dealerships, plus Mini, Audi, Porsche, Cadillac, Acura and Jaguar-Land Rover stores and three collision centers. All of those businesses are expected to be part of the sale to AutoNation.
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