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Autoremarketing • October 28, 2026

A deal estimated to be the third largest in auto retail history has closed. Group 1 Automotive’s purchase of Atlanta-based Hennessy Automobile Companies, which was first announced in late July, closed on Oct. 19, the seller’s advisor Kerrigan Advisors said Wednesday. Group 1 acquires Hennessy’s 10 dealerships, which include two Lexus, two Porsche and three […]

Lefkoff Law: ‘Trickle down’ to dealers of VinSolutions’ security incident ‘could be enormous’

Lefkoff Law principal and founding attorney Steven Lefkoff immediately arrived at this assertion when he learned that Cox Automotive on Monday acknowledged “suspicious activity” that was “quickly contained” within VinSolutions. “The trickle down to the dealers could be enormous because ultimately the dealers, under federal law, under the Safeguards Rule, are still responsible if their […]

Dealer M&A: Lithia, Anderson Automotive expand in Southeast

Lithia & Driveway has acquired four Kia and Hyundai dealerships in Memphis, Tenn., from Gossett Motor Cars, more than doubling the retailer’s footprint in the city. That’s according to a news release from Kerrigan Advisors, which represented the seller. The transaction included Gossett Kia, Gossett Hyundai, Gossett Kia South and Gossett Hyundai South. “Serving Memphis […]

The full story

This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.

VinSolutions Security Incident Could Impact Dealers Significantly Cox Automotive reported suspicious activity within VinSolutions, which may have exposed unencrypted customer data. Under the FTC's Safeguards Rule, dealers are responsible for their vendors' security, meaning they could face significant repercussions if customer information is compromised. Attorney Steven Lefkoff highlighted that even a small number of credit applications could exceed the 500-person threshold for mandatory FTC notification. Cox Automotive stated that the incident affected a limited subset of VinSolutions dealers and will notify those impacted directly. The full scope of the incident remains unclear, but dealers are advised to audit their vendor relationships and security practices to mitigate potential risks. 2 sources 54

Extracted Entities

Companies (6)

Cox Automotive Gossett Motor Cars Group 1 Automotive Hennessy Automobile Companies Lithia & Driveway VinSolutions