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Penske Automotive sells Lexus of Warwick to McGee Automotive Family
Summary by CBT Automotive Network
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Penske Automotive sells Lexus of Warwick to McGee Automotive Family
Penske Automotive Group has sold its Lexus franchise in Warwick, Rhode Island to the McGee Automotive Family, a New England-based dealership group with roots dating back to 1970. The transaction, which closed March 26, 2026, marks McGee Automotive’s entry into both the Lexus brand and the Rhode Island market. Pinnacle Mergers & Acquisitions facilitated the deal, representing the buyer. Sign up for CBT News’ daily newsletter and get the latest in…
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