TSLA387.5101.09%
GM79.000-0.05%
F12.625-0.155%
RIVN17.7400.59%
CYD42.590-1.12%
HMC24.620-0.32%
TM200.430-3.54%
CVNA416.79515.875%
PAG159.470-1.23%
LAD276.580-3.31%
AN203.380-1.93%
GPI341.860-2.83%
ABG202.450-5.54%
SAH71.0200.95%
TSLA387.5101.09%
GM79.000-0.05%
F12.625-0.155%
RIVN17.7400.59%
CYD42.590-1.12%
HMC24.620-0.32%
TM200.430-3.54%
CVNA416.79515.875%
PAG159.470-1.23%
LAD276.580-3.31%
AN203.380-1.93%
GPI341.860-2.83%
ABG202.450-5.54%
SAH71.0200.95%
TSLA387.5101.09%
GM79.000-0.05%
F12.625-0.155%
RIVN17.7400.59%
CYD42.590-1.12%
HMC24.620-0.32%
TM200.430-3.54%
CVNA416.79515.875%
PAG159.470-1.23%
LAD276.580-3.31%
AN203.380-1.93%
GPI341.860-2.83%
ABG202.450-5.54%
SAH71.0200.95%

Berman Automotive Group acquires Kia and Hyundai of Lincolnwood from AutoCanada

By CBT News Editorial Team April 22, 2026
Berman Automotive Group acquires Kia and Hyundai of Lincolnwood from AutoCanada

Berman Automotive Group, a Chicago-area family-owned dealership group founded in 1987 by Michael Berman, has acquired Kia of Lincolnwood and Hyundai of Lincolnwood from Leader Automotive Group, the U.S. subsidiary of Canada-based AutoCanada Inc. The back-to-back transactions closed in mid-April 2026 and mark another step in AutoCanada’s ongoing withdrawal from the U.S. retail market. With the Lincolnwood, Illinois, stores, Berman adds two import franchises to a portfolio that already spans Nissan, Subaru, INFINITI, and Chrysler Dodge Jeep Ram rooftops across Illinois and Indiana.

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Deal Details:

Seller: Leader Automotive Group (AutoCanada Inc.)
Buyer: Berman Automotive Group
Transaction Date: April 15, 2026
Rebranded Dealerships:

  • Kia of Lincolnwood → Berman Kia
  • Hyundai of Lincolnwood → Berman Hyundai

Advisor/Facilitator: Haig Partners LLC (Sell-side advisor)

Legal Counsel: Ira Levin of Burke, Warren, MacKay & Serritella, P.C. (for Leader Automotive Group)

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