DCGC Advises Lithia & Driveway on Audi & Volkswagen Sale
News related to:Dave Cantin Group · 2 min read
NEW YORK, Oct. 01, 2026 /CourierPR/ -- Dave Cantin Group (DCG), a leading automotive M&A advisory firm, recently advised Lithia & Driveway on the sale of Audi Downtown LA and Volkswagen of Downtown LA to Grace Motorcars, LLC. The transaction closed on September 28, marking a significant milestone in the automotive industry.
DCG Managing Director Anthony Holbrook provided exclusive sell-side advisory services to the transaction, leveraging his extensive experience and relationships within the luxury dealership sector. Holbrook, who previously served as Audi's national franchise manager and area director in the Pacific Southwest, has a deep understanding of the automotive industry and its dynamics.
The sale of the Audi and Volkswagen dealerships in Downtown Los Angeles reflects a broader trend in the automotive industry, where sellers are reassessing their portfolios while buyers have more options. The property in question required a growth candidate prepared to manage a complex but compelling urban location. Holbrook's expertise in this area was crucial to finding the best solution for the seller.
DCG has worked with Lithia & Driveway on acquisitions and divestitures since 2019, including the sale of its Morgantown, West Virginia, dealerships and its two California Lexus stores, as well as acquisitions of Curry Honda Atlanta, Henderson Hyundai Superstore/Genesis and three West Palm Beach dealerships. The firm's experience and relationships have been instrumental in helping Lithia & Driveway navigate this transaction.
The sale of the Audi and Volkswagen dealerships in Downtown Los Angeles is a testament to DCG's commitment to providing comprehensive advisory services to its clients. Holbrook's background in managing luxury dealership operations, combined with his extensive network within the industry, enabled him to find the best fit for the seller. His previous work with Grace Motorcars, LLC, further demonstrated his ability to find successful structures for dealerships, as evidenced by his recent transaction with Grace Motorcars, LLC, in 2025.
DCG's advisory services have been instrumental in helping Lithia & Driveway make informed decisions regarding the sale of its dealerships. The firm's Market Outlook Report and proprietary AI-enabled platform, JumpIQ, provide clients with the necessary market intelligence to make strategic decisions. DCG's commitment to its clients' long-term success is evident in its work with Lithia & Driveway, as well as in its own history of successful transactions.
The sale of the Audi and Volkswagen dealerships in Downtown Los Angeles is a significant achievement for both Lithia & Driveway and Grace Motorcars, LLC. It underscores the importance of having the right advisor in the automotive industry, someone with a deep understanding of the client's business strategy and extensive knowledge of the market. The transaction is a prime example of how DCG's advisory services can help sellers find the best possible outcome for their dealerships.