Wilde Automotive Group, one of Wisconsin’s largest auto dealers, sold its dealerships last month to Medford, Oregon-based Lithia & Driveway. The real estate was sold for more than $42.8 million, according to state property transfer records. The sale included five dealership locations, in Waukesha, West Allis and Madison. Â
The dealerships will retain the Wilde brand but will be operated by Lithia, which owns and operates 296 dealerships in the U.S. and 14 in Canada.
Price: $42.8 millionÂ
Seller: Wilde Automotive Group
Buyer: Lithia & Driveway
Addresses: Wilde Toyota, 3225 S. 108th St., West Allis; Wilde Chrysler Dodge Jeep RAM, 1710 Highway 164, Waukesha; Wilde Subaru, 1710 Highway 164, Waukesha; Wilde Honda, 1603 E. Moreland Boulevard, Waukesha; Wilde East Towne Honda, 5555 High Crossing Boulevard, Madison