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NYE Group sells 6 stores to Atlantic Coast Automotive Group

The NYE Group has sold its six dealerships in upstate New York to Atlantic Coast Automotive Group, according to a news release from the Tim Lamb Group, which brokered the sale. Harold Nye founded NYE Group in 1968, and his son William Nye has helmed the group since 1998.

TIM LAMB GROUP BROKERS ATLANTIC COAST AUTOMOTIVE GROUP S PURCHASE OF SIX STORES FROM WILLIAM NYE IN UPSTATE NY

/PRNewswire/ Rob Lee, Northeast Director of the Tim Lamb Group, has brokered the sale of six NYE Group dealerships in upstate New York to the Atlantic Coast.

Maserati poaches William Peffer from Kia Motors America to lead North America

Fiat Chrysler Automotive NV s Maserati luxury brand on Thursday named William Peffer as its CEO of North America, effective immediately. He comes to lead the Trident s operations in the United States and Canada after resigning as chief operating officer of Kia Motors America Inc. following one week in the No. 2 job earlier this month. Peffer had been promoted from vice president of sales operations as Kia recorded its highest annual U.S. retail sales in the company s history in 2020. He has more than 25 years of automotive experience, including in senior positions at automakers in the United States and Australia as well as a three-year stint in retail operations as the chief operating officer for a large dealership in New England.

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