Performance Brokerage Services Advises on the Sale of Teton Motors Subaru & Chevrolet in Jackson, Wyoming

Performance Brokerage Services has announced the sale of Teton Motors Subaru & Chevrolet in Jackson, Wyoming, from owners David and Jim Auge to Mitch and Blake Loveland of Stone's Auto Group. The transaction, which took place on April 18, 2026, marks an undisclosed deal value and signifies Stone's Auto Group's strategic entry into the Wyoming market. This acquisition highlights the ongoing consolidation trend within the automotive dealership sector.

Teton Motors has been a family-owned business for 54 years, originally established in the early 1970s by Earle Auge. Under the stewardship of his sons, David and Jim Auge, the dealership has built a strong reputation for customer service and community involvement. In 2016, the company expanded its operations by adding a Subaru dealership, further solidifying its presence in the region. The transition to new ownership is expected to continue this legacy, with the dealerships set to be rebranded as Stone's Chevrolet and Stone's Subaru.

Stone's Auto Group, a well-established player in the automotive sector since 1966, has primarily operated in Idaho. The acquisition of Teton Motors marks a significant milestone as it represents the group's first venture into Wyoming. The Loveland brothers have expressed their commitment to maintaining the high standards of service and community engagement that Teton Motors has been known for, ensuring a seamless transition for both employees and customers.

Performance Brokerage Services, recognized as North America's leading dealership brokerage firm, has facilitated nearly 450 dealership sales in the past five years. The firm’s expertise was instrumental in navigating the complexities of this transaction, with Rocky Mountain Partners Jonny and John Mecham serving as exclusive sell-side advisors. Their involvement underscores the importance of experienced brokerage services in achieving successful outcomes in dealership sales.

The broader implications of this transaction reflect a continuing trend of consolidation in the automotive dealership sector, driven by the need for scale and market expansion. As regional players like Stone's Auto Group seek growth opportunities, the competitive landscape is likely to evolve, prompting other dealerships to consider strategic partnerships or acquisitions. This trend could lead to increased operational efficiencies and enhanced customer experiences across the industry, as larger groups leverage their resources to improve service delivery and community engagement.