TSLA390.330-0.51%
GM86.845-2.055%
F11.955-0.295%
RIVN12.960-0.58%
CYD21.420-0.41%
HMC33.6200.27%
TM209.960-3.04%
CVNA71.190-2.6799%
PAG212.960-1.27%
LAD297.885-14.365%
AN180.900-6.31%
GPI259.120-11.15%
ABG201.600-6.34%
SAH60.860-2.37%
TSLA390.330-0.51%
GM86.845-2.055%
F11.955-0.295%
RIVN12.960-0.58%
CYD21.420-0.41%
HMC33.6200.27%
TM209.960-3.04%
CVNA71.190-2.6799%
PAG212.960-1.27%
LAD297.885-14.365%
AN180.900-6.31%
GPI259.120-11.15%
ABG201.600-6.34%
SAH60.860-2.37%
TSLA390.330-0.51%
GM86.845-2.055%
F11.955-0.295%
RIVN12.960-0.58%
CYD21.420-0.41%
HMC33.6200.27%
TM209.960-3.04%
CVNA71.190-2.6799%
PAG212.960-1.27%
LAD297.885-14.365%
AN180.900-6.31%
GPI259.120-11.15%
ABG201.600-6.34%
SAH60.860-2.37%

Ken Ganley Auto Group acquires Mercedes-Benz of Bedford in Ohio from Penske

Ken Ganley Auto Group acquires Mercedes-Benz of Bedford in Ohio from Penske (1)

Ken Ganley Auto Group has acquired Mercedes-Benz of Bedford in Ohio from Penske Automotive Group. The transaction closed on May 6, 2026, and the dealership will retain its name and existing staff at its 18122 Rockside Rd. location in Bedford. Dario Miocic, a current Ken Ganley general manager, will lead the store. The acquisition marks Ken Ganley’s second Mercedes-Benz dealership and sits directly across from the group’s Subaru, Volkswagen, and Stellantis stores along the Bedford Auto Mall near Cleveland, further strengthening the group’s Northeast Ohio footprint.

Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox.

Deal Details:

Seller: Penske Automotive Group

Buyer: Ken Ganley Automotive 

Transaction Date: May 6, 2026

Rebranded Dealerships:

  • Mercedes-Benz of Bedford → Mercedes-Benz of Bedford (name retained)

Advisor/Facilitator: Not disclosed in report

More from Daily Automotive News
RDS Automotive Group acquires Hill Buick GMC in Pennsylvania

RDS Automotive Group acquires Hill Buick GMC in Pennsylvania

- November 12, 2026
RDS Automotive Group acquired Hill Buick GMC in Newtown Square, Pennsylvania, from the Hill family, which operated its dealership business for 35 years. Led by Robert DiStanislao and headquartered in...
Election results could change Trump's auto agenda, but reversing it won't be easy

Election results could change Trump’s auto agenda, but reversing it won’t be easy

- November 12, 2026
The election is over, but the fight over America's automotive future is just getting started. And if you think the results only matter to politicians in Washington, think again. The...
FFUN Group acquires Planet Chrysler Dodge Jeep Ram in Arizona

FFUN Group acquires Planet Chrysler Dodge Jeep Ram in Arizona

- November 11, 2026
FFUN Group acquired Planet Chrysler Dodge Jeep Ram in Flagstaff, Arizona, from Scott Baugh. The single-rooftop acquisition brings the Saskatoon, Saskatchewan-based group into the Arizona market. Dave Cantin Group served...
The fuel economy fight nobody is talking about BUT you pay for!

The fuel economy fight nobody is talking about BUT you pay for!

- November 6, 2026
Something unusual just happened in the auto industry. General Motors, Ford, Toyota, Volkswagen, Hyundai and Stellantis are backing the Trump administration in a legal fight over fuel economy regulations. These...

Add us as a preferred source on Google

CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.