Lithia Motors Acquires Toyota of Gallatin, Expanding into Nashville Market

Lithia Motors Expands into Nashville Market with Toyota of Gallatin Acquisition

Lithia Motors announces its strategic acquisition of Toyota of Gallatin, marking a significant move into the high-growth Metro Nashville market. The transaction, finalized on March 5, 2026, involves the dealership remaining under its existing name while enhancing its operational capabilities by aligning with Lithia Motors' expansive resources. Dave Stumbo of Stumbo Automotive, the previous owner, collaborates with Pinnacle Mergers & Acquisitions, facilitated by experienced advisors Dennis Thornhill, Mike Sims, and Bill Scrivner. Bryan DeBoer, President & CEO of Lithia & Driveway, articulates the company's enthusiasm for maintaining and amplifying the high customer service standards established by the Toyota of Gallatin team.

This acquisition highlights the sustained strength and popularity of the Toyota franchise across the United States, as it continues to attract high demand and maintain impressive valuations. The enduring reputation of Toyota dealerships facilitates a lucrative operational environment, making this acquisition advantageous for Lithia Motors. Thornhill points out that certain franchises, such as Suzuki, are witnessing remarkable profitability per outlet, indicating a vibrant market landscape and robust consumer interest. Lithia Motors intends to leverage these market dynamics to foster continued growth while ensuring a seamless experience for Toyota of Gallatin's existing clientele.

Pinnacle Mergers & Acquisitions has established itself as a trusted advisor to Lithia Motors over three decades, underscoring the importance of strategic partnerships in navigating the complexities of the automotive industry. The sale of Toyota of Gallatin exemplifies a well-considered strategy from dealership owners like Stumbo, who seek to maximize value while guaranteeing service continuity for customers. As Lithia Motors further expands its footprint through acquisitions in thriving markets, it reaffirms its commitment to enhancing operational efficiency and customer satisfaction in the competitive automotive landscape.

The sale highlights the vigor of the automotive retail sector, especially for established franchises like Toyota. The transaction not only reflects Lithia Motors' growth trajectory but also signals confidence in the dealership's future in the Nashville area where demand for reliable, quality vehicles remains strong. With a well-respected legacy and solid operational foundation, Toyota of Gallatin is poised to continue thriving under Lithia’s ownership.