Graham Holdings Company Acquires Toyota Dealership

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09/27/2023 - 04:47 PM

ARLINGTON, Va.--(BUSINESS WIRE)-- Graham Holdings Company (NYSE: GHC) announced today that Graham Ourisman Automotive has acquired a Toyota dealership in Henrico, VA from McGeorge Toyota. The purchase price was not disclosed.

Christopher J. Ourisman, a member of the Ourisman Automotive Group family of dealerships, and his team of industry professionals will operate and manage the dealership. Graham Holdings Company holds a 90% stake.

The Company is also pleased to announce that Graham Ourisman Automotive has been awarded a KIA Open Point dealership in Bethesda, MD with plans to commence operations by the end of the year.

Graham Ourisman Automotive also owns six other automotive dealerships: Ourisman Lexus of Rockville, Ourisman Honda of Tysons Corner, Ourisman Jeep Bethesda, Ourisman Ford of Manassas, Toyota of Woodbridge and Ourisman Chrysler Dodge Jeep Ram of Woodbridge.