Core Insights - AutoNation, Inc. has acquired Jerry's Toyota, renaming it AutoNation Toyota White Marsh, effective December 8, 2025, marking its first Toyota dealership in Maryland and its 20th nationwide [1][2]. Group 1: Acquisition Details - The acquisition is expected to generate approximately $123 million in annual revenue and includes 2,600 retail new and used vehicle sales annually [2]. - With this acquisition, AutoNation expands its presence in Maryland to 18 locations, which includes 9 premium luxury stores, 3 domestic stores, 3 import stores, and 3 collision centers [2]. Group 2: Strategic Importance - The addition of AutoNation Toyota White Marsh aligns with the company's strategy to enhance its brand portfolio in key markets and create shareholder value [3]. - The acquisition will also bring in 110 new associates, contributing to improved customer service and value delivery [3]. Group 3: Company Overview - AutoNation is one of the largest automotive retailers in the U.S., offering a wide range of new and used vehicles, financing, parts, and maintenance services [3]. - The company has raised over $45 million for cancer-related causes, reflecting its commitment to community engagement and social responsibility [3].
AutoNation Expands Maryland Footprint with Toyota Store in Baltimore