AutoNation, Inc. acquired Toyota of Newnan from Tameron Automotive Group on June 8, 2026, expanding its retail footprint in the Southeast. The dealership, rebranded as AutoNation Toyota Newnan, contributes approximately $200 million in annual revenue and adds 4,900 retail new and used vehicle annual unit sales to AutoNation's portfolio. Kerrigan Advisors represented the seller, Tameron Automotive Group, marking the firm's 328th dealership sold and its 40th Toyota franchise sold since 2015.

Strategic and Market Position

Toyota of Newnan is the number one volume dealership in Newnan, Georgia, commanding an estimated 22% share of all new vehicle sales in the market. The store anchors one of the largest Toyota Primary Market Areas in metro Atlanta, with its nearest competitor located 19 miles away. The Atlanta metropolitan statistical area boasts a $571 billion economy and is one of the fastest-growing large metro areas in the Southeast. Newnan demographics favor the dealership, as import non-luxury vehicles account for 63% of all new units sold, 37 percentage points above the US average.

Transaction Details

Danny Braden and Rob Gallik, Co-Owners of Tameron Automotive Group, stated the sale allows the group to focus resources on its home market of Birmingham, Alabama. The transaction represents the second Toyota dealership AutoNation has acquired in over a decade. Legal counsel for Tameron Automotive Group was Jeff Ingram of Ingram, Kalupa & Butler, P.C., with HHM serving as the seller's accountant. Lance Phillips of Eversheds Sutherland (US) LLP represented AutoNation.

Key Metrics of Acquisition