Dealers' #1 source for auto industry news, content, coaching & analysis

Ed Morse Automotive Group acquires three dealerships in Texas

The Ed Morse Automotive Group announced today that it has acquired three dealerships in Fairfield, Texas. The dealerships were purchased from Foundation Automotive Corp.

The new dealerships will be:

These acquisitions will bring the total number of locations for Ed Morse Automotive in Texas to fifteen, joining its dealerships in Dallas, Greenville, Duncansville, Sherman, Whitesboro, Beaumont, San Antonio, and Austin. These acquisitions will also add over 50 employees to its 2,400-plus employee base, and grow its locations to 47 dealership locations, 76 automotive franchises, 19 motorcycle franchises, and 31 brands.

“It’s no secret that our organization loves Texas and these new dealerships will bring us to fifteen in this great state. We were impressed both by the incredible staff in place and the loyal car buying residents in Fairfield and its surrounding area. Our team is excited to be part such a vibrant community and will continue these dealerships’ history of exceptional deals and outstanding customer service,” said Teddy Morse, Chairman and CEO of Ed Morse Automotive Group.

The Morse family has been in the automotive business since 1946 when Ed Morse founded Morse Motors. Over 75 years later, Ed’s grandson, Chairman and CEO Teddy Morse continues to build on the legacy and family tradition. Ed Morse Automotive Group is headquartered in Delray Beach, Florida with dealerships and related businesses in Florida, Texas, Iowa, Missouri, Illinois, Colorado, and Oklahoma.

Ed Morse Automotive Group ranks No. 52 on Automotive News’ list of the top 150 dealership groups based in the U.S.

Stay up to speed on the latest automotive buy/sell deals here.

Stay up to date on exclusive content from CBT News by following us on Facebook, Twitter, Instagram and LinkedIn.

Don’t miss out! Subscribe to our free newsletter to receive all the latest news, insight and trends impacting the automotive industry.

CBT News is part of the JBF Business Media family.

CBT News
CBT News
For over 11 years, CBT News has been informing and helping automotive retail professionals grow their businesses and thrive in their careers through an awarding-winning, on-demand streaming platform. With exclusive interviews featuring the biggest names in the industry, daily newscasts, up-to-date market data, and exclusive articles covering the latest trends, CBT News is your #1 source for auto industry news and content.

Related Articles

Manufacturers In This Article

More Manufacturer News

Latest Articles

From our Publishing Partners