Auto Group Expands to California
Two dealership acquisitions first of what’s aimed to be westward prong of scale push

The purchasing auto group says Nissan and Infiniti's fresh offerings helped draw it to the deals in a new market.
Nissan
A Virginia-based auto group bought a pair of San Francisco Bay-area dealerships in its first push west.
Buyer LTA Auto Group, a division of American Automotive Capital Partners, picked up Golden State Nissan and Golden State Infiniti in the small San Mateo County town of Colma, renaming them after the nearby neighborhood of Serramonte.
LTA said it’s shopping for other dealerships in the state, including in Southern California and the Las Vegas area. Its website said it’s also looking to grow its holdings in Arizona and its home base of Virginia.
“These stores are aligned with our vision of investing in dealerships that not only have untapped operational potential but are also located in markets with strong consumer demand,” said LTA Chief Financial Officer Sergio Maruschak,. “The Bay Area represents a prime opportunity for long-term growth, and our approach ensures that both near-term operational gains and strategic market value will be realized.”
The purchases follow another Southeast auto group’s recent expansion west. Alabama-based Sutherlin Automotive Group recently bought a Subaru dealership in Southern California’s Orange County.
LTA’s Bay Area transactions were partly inspired by Nissan’s “redesigned products” and luxury car division Infiniti’s updated lineup.
The group said it’s “building a scalable platform to acquire, operate, and grow franchised dealerships in high-value markets.” The group adapts its store business model based on the market the dealership is in and introduces operational improvements in its newly acquired stores, it said.
American Automotive Capital Partners’ website doesn’t indicate how many dealerships it owns. Division LTA’s leadership team includes CEO T. J. Anthony, “a veteran of corporate platform building and capital markets,” Chief Operating Officer Robert Carmendy, a dealer principal across multiple brands and “an experienced turnaround operator,” and Maruschak, who it says played a key role in scaling industry leader Asbury Automotive Group through more than 130 acquisitions and an initial public offering.
MORE IN GOLDEN STATE: Honda JV Opens California Afeela 'Studio'
More Industry

Holman Opens New Lexus Dealership
Located in the heart of Clark County, Lexus of Vancouver features a multi-level showroom, more than 30 service bays, an indoor drive for drop-off and pick-up and a fleet of courtesy vehicles.
Read More →
Denver Ferrari Store in New Group
The recent sale of the dealership by Lithia adds to an expanding stable for a family-owned collection of franchises.
Read More →
Nissan Reports Significant Sales Growth
Following the release of Nissan’s 2025 fiscal year report, the automaker announced that its retail-first approach has led to a significant jump in dealer sales.
Read More →
Dealer Debrief: Effective Safety Features
In this week's debrief, host Lauren Lawrence covers a positive safety study from GM and the University of Michigan Transportation Research Institute and a business acquisition by Cox Automotive.
Read More →
Recalled Autos Spike in Q1
The volume of affected units continued to rise as more software-focused models present different types of problems, creating complex risk, Sedgwick reports.
Read More →
Program Brings Wheels to Families in Need
NADA is taking Vehicles for Change’s Keys to Independence Program national so auto dealers can help families in need gain access to reliable transportation.
Read More →
EFG Aims to Help Dealers Face Rising Reinsurance Volatility
Rising claims severity, higher repair costs and delayed reserve adjustments are putting new pressure on auto dealerships' reinsurance programs.
Read More →
Hybrids in Focus
Another automaker announces plans to dedicate more resources in the U.S. to the now popular power train as it also looks to minimize trade tariff costs.
Read More →
IIHS Adds to Safety Rankings
A midsize Hyundai and a small Toyota have joined the nonprofit's 2026 Top Safety Pick+ award rankings, thanks to improved crash test results and crash-prevention measures.
Read More →
Dealer Debrief: FTC and Pricing
In this week's debrief, host Lauren Lawrence covers long loan terms, the FTC's crackdown on pricing, and disaster prep for dealerships.
Read More →