Group 1 Automotive, an automotive retailer, has acquired Munday Chevrolet and Munday Mazda in Huston, Texas.
Apart from selling new and used cars, Group 1 Automotive also sells vehicle parts, provides insurance and service contracts as well as maintenance and repair services.
Group 1 president and CEO Earl J. Hesterberg said: "Munday Chevrolet is the second largest Chevy dealership in Texas and sixth largest in the country.
"We are delighted to add this high volume store to our growing family of dealerships in our hometown of Houston.
"The addition of Chevrolet and Mazda expands our scale and brand offerings to a total of 17 brands across 19 stores serving over 300,000 customers in the greater Houston metropolitan area."
Group 1 Automotive expects the newly acquired dealerships, which will operate under the same name, to generate $225m in annual revenues.
