Lithia Motors acquired Toyota of Gallatin in Gallatin, Tennessee, from Dave Stumbo in a transaction that closed in March 2026. The dealership will continue operating under its existing name and represents a single Toyota franchise.
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Deal Details:
Seller: Dave Stumbo
Buyer: Lithia Motors
Transaction Date: March 2026
Rebranded Dealerships:
- Toyota of Gallatin → Toyota of Gallatin (name retained)
Advisor/Facilitator: Gill Automotive Group and Pinnacle Mergers & Acquisitions (Sell-side advisors)
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