Carolinas Dealer Group Changes Hands

Automotive Under 5, by AUTONOMi · Oct 20, 2026 · 3m

Larry Cloninger is out, Capital Automotive Group is in, and seven locations across two states now answer to new ownership. CBT News and Auto Remarketing both file group-sale stories the same day, one in the Carolinas, one running from North Carolina to Nebraska. Elsewhere on the wire: Lincoln's dealer count keeps shrinking toward a number Ford already set for twenty twenty-seven, AutoNation adds two outside executives to its board, and a Toyota store's decade-long zombie ad campaign finally wraps, per Automotive News. The FTC's personalized pricing proposal gets a fresh look from Digital…