• Massachusetts Nov 23, 2021

    Prime Automotive Settles Suit, Selling Dealerships for $880M

    Massachusetts-based Prime Automotive Group has signed a $30 million settlement with ex-CEO David Rosenberg, who was fired after raising concerns about financial wrongdoing. The settlement last week cleared the way for Group 1 Automotive Inc. of Houston to purchase Prime Automotive from New York-based GPB Capital Holdings for $880 million, The Portland Press Herald reported Monday. Prime Automotive Group has 30 dealerships…

Contact Us