TSLA454.5307.79%
GM75.2900.6%
F13.1400.05%
RIVN18.0600.53%
CYD35.4900.32%
HMC29.6600.3%
TM198.2702.83%
CVNA398.8503.85%
PAG163.6200.45%
LAD325.010-0.75%
AN215.1300.79%
GPI408.350-2.02999%
ABG233.900-2.33%
SAH64.9000.67%
TSLA454.5307.79%
GM75.2900.6%
F13.1400.05%
RIVN18.0600.53%
CYD35.4900.32%
HMC29.6600.3%
TM198.2702.83%
CVNA398.8503.85%
PAG163.6200.45%
LAD325.010-0.75%
AN215.1300.79%
GPI408.350-2.02999%
ABG233.900-2.33%
SAH64.9000.67%
TSLA454.5307.79%
GM75.2900.6%
F13.1400.05%
RIVN18.0600.53%
CYD35.4900.32%
HMC29.6600.3%
TM198.2702.83%
CVNA398.8503.85%
PAG163.6200.45%
LAD325.010-0.75%
AN215.1300.79%
GPI408.350-2.02999%
ABG233.900-2.33%
SAH64.9000.67%
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Blackstone Automotive acquires four Fresno dealerships from Michael Auto Group

By CBT News
Blackstone
Image Source | Blackstone Automotive Group

In mid-June, four Fresno-area stores (Toyota, Chevy, Cadillac, VW) were sold by Mike Rosvold to Steve Cornelius and rebranded under the Blackstone name.

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Deal Details:

Seller: Michael Automotive Group (Mike Rosvold)
 Buyer: Steve Cornelius
 Transaction Date: June 2025
 Rebranded Dealerships:

  • Fresno Toyota → Blackstone Toyota of Fresno
  • Fresno Chevrolet → Blackstone Chevrolet of Fresno
  • Fresno Cadillac → Blackstone Cadillac of Fresno
  • Fresno Volkswagen → Blackstone Volkswagen of Fresno

Advisor/Facilitator: Pinnacle Mergers & Acquisitions

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