Dahm family sells 3 Erhard dealerships to Penske, Fox Motors
Penske Automotive Group Inc. has acquired a BMW dealership in its headquarters city of Bloomfield Hills, marking a return to dealership ownership in Michigan for the auto retailer. Penske on Monday bought Erhard BMW of Bloomfield, which it said it expects will add $100 million in annual revenue…
Source: crainsdetroit.com