Thursday, March 28, 2013

Morgan Auto Group 2nd Biggest Mover in this year Automotive News Top 125 Dealership Groups

March 18, 2013 
For Immediate Release: 

"Morgan Auto Group 2nd Biggest Mover in 2012 Top 125 Dealership Groups"
[Automotive News March 2013] 

Automotive News's Annual Top 125
The Morgan Auto Group out of Tampa, FL has moved from #102 to #78 in the latest Automotive News Top 125 Dealer Group Survey of the United States. This placed MAG as the second biggest mover in the survey. Morgan Auto Group is a franchised new car dealership group representing over 10 different brands in the Gulf Coast and Central regions of Florida: Honda, Toyota, Scion, Lamborghini, BMW, Buick, GMC, Mitsubishi, MINI and Ford. The group posted new car sales of 9,854 units 7,074 used units respectively with a total of $554 Million Dollars in total dealership revenue.  

The group is relatively new the the Automotive landscape. Larry Morgan purchased his first store Toyota of Tampa Bay in 2005 and has brought the same rate of growth that made him an industry name as the former owner and CEO of Tires Plus. The group's most recent acquisition of volume dealership Brandon Honda and the opening of their open point MINI of Wesley Chapel store aided in their "mover" status for 2012. 


In order of acquisition (or opening) since 2004: 
Toyota & Scion of Tampa Bay 
Honda of Ocala 
BMW of Sarasota 
Gainesville Buick GMC 
Honda of Gainesville 
Lamborghini Sarasota 
Ford of Port Richey 
Port Richey Mitsubishi 
Gainesville Mitsubishi 
Brandon Honda 
MINI of Wesley Chapel 


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