ARLINGTON, Va.--(BUSINESS WIRE)--Jul. 6, 2022-- Graham Holdings Company (NYSE: GHC) announced today that it has acquired a Toyota dealership and a Chrysler-Dodge-Jeep-Ram dealership in Woodbridge, VA from the Lustine Automotive Group. The purchase price was not disclosed.
Christopher J. Ourisman, a member of the Ourisman Automotive Group family of dealerships, and his team of industry professionals will operate and manage the dealerships. Graham Holdings Company holds a 90% stake.
The Company also owns four other automotive dealerships: Ourisman Lexus of Rockville, Ourisman Honda of Tysons Corner, Ourisman Jeep Bethesda, and Ourisman Ford of Manassas.
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Source: Graham Holdings Company