Auto Exchange Group LLC has acquired Auto Exchange Chevrolet GMC in Sullivan, Indiana, from CP Automotive Sales, LLC. The transaction marks the buyer’s first franchised dealership acquisition and was supported by Biltmore Automotive Services, which assisted throughout the acquisition process.
Deal Details:
Seller: CP Automotive Sales, LLC (Chuck Piano)
Buyer: Auto Exchange Group LLC (Alex Feldman, Michael Gitlevich, and Boris Kotlyar)
Transaction Date: July 2026
Acquired/Rebranded Dealership(s):
- Auto Exchange Chevrolet GMC → No name change announced
Advisor/Facilitator: Biltmore Automotive Services (buy-side transaction support)
Legal Counsel: David Pestell, HARDT, STERN, & KAYNE, P.C. (buyer legal counsel)
