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Built for an Automotive Millionaire, This Classic Yacht Blends History With Modern Luxury

Built for an Automotive Millionaire, This Classic Yacht Blends History With Modern Luxury
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Car dealership sues Tesla and East Hartford to block town approval of service center, saying it violates state law against direct sales

Car dealership sues Tesla and East Hartford to block town approval of service center, saying it violates state law against direct sales Stephen Singer, Hartford Courant Hoffman Auto Group has sued Tesla, East Hartford and a development company that received town approval to open a Tesla service center and showroom. Hoffman, under the business name Jetobra Inc., has asked a Hartford Superior Court judge to set aside the town’s decision allowing the service center and showroom. Hoffman says the showroom violates Connecticut law prohibiting car manufacturers from sidestepping dealerships by selling directly to consumers. It’s the latest battle in a lengthy dispute between Connecticut’s car dealerships and Tesla, which is lobbying for state legislation allowing it to sell its electric cars directly to buyers.

Heritage Capital Group Advises Center Subaru on Acquisition

Heritage Capital Group Advises Center Subaru on Acquisition News provided by Share this article Share this article JACKSONVILLE, Fla., April 28, 2021 /PRNewswire/  Center Subaru, a full-service Subaru dealer located in Torrington, CT, has been acquired by GMST, LLC (Gengras Motors), a third-generation auto dealership owner group in Connecticut and Massachusetts. Heritage Capital Group, an investment banking and financial advisory firm with offices in Jacksonville, FL and Savannah, GA, acted as exclusive financial advisor to Center Subaru. Mac Holley, Principal and advisor to Center Subaru, commented, Center Subaru had a strong market share and a long history in its area, with a solid reputation for customer service. The owner was able to achieve his goals in exiting the business he had built for many years, and I was honored to represent him in the transaction.

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