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LMP signs deal to buy majority share of 2 New York stores Wednesday, Mar. 31, 2021, 03:23 PM By Auto Remarketing Staff FORT LAUDERDALE, Fla. -  In its second acquisition-related move in less than a week, LMP Automotive Holdings said Tuesday it signed a definitive agreement to purchase 85% of both Central Avenue Chrysler Jeep and Chrysler Jeep of White Plains. Both stores are located in the New York metro area: the former is located in Yonkers, N.Y.; the latter in White Plains, N.Y. LMP anticipates the deal to close in June. The dealerships are expected to add annualized revenues of about $270 million and bump LMP’s respective total contracted and closed franchise and dealership count to 18 and 17, the retailer said.

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