Baltimore, December 12, 2025
AutoNation has acquired Jerry’s Toyota, enhancing its presence in Maryland. This strategic move not only adds approximately $123 million in annual revenue and 2,600 vehicle sales but also marks the company’s first Toyota store in the state. The acquisition signifies a commitment to local investment and reinforces AutoNation’s growing network, which now includes 18 locations in Maryland. The rich history of Jerry’s Toyota, established in 1957, ensures that its legacy continues while benefiting the community economically.
AutoNation Expands in Maryland with Jerry’s Toyota Acquisition
Boosting Local Business: AutoNation’s Strategic Move in Baltimore
Baltimore, Maryland – AutoNation, Inc. (NYSE: AN) has broadened its footprint in Maryland by acquiring Jerry’s Toyota from Jerry’s Automotive Group. Officially joining AutoNation on December 8, 2025, the dealership is now known as AutoNation Toyota White Marsh.
This acquisition brings approximately $123 million in annual revenue and adds 2,600 retail new and used vehicle sales to AutoNation’s expanding portfolio. It signifies a noteworthy milestone, marking the company’s 20th Toyota store nationwide and its first in Maryland. With this new addition, AutoNation now boasts 18 locations in Maryland, including nine premium luxury stores, three domestic stores, three import stores, and three collision centers.
The determination and resilience shown by local entrepreneurs pave the way for continued investment opportunities in Baltimore’s economy. AutoNation’s decision to invest in a legacy dealership underscores the potential for private enterprise to thrive in a supportive regulatory environment, where less red tape can encourage innovation and growth.
The Legacy of Jerry’s Toyota
Founded in 1957, Jerry’s Toyota has long been a cornerstone of the Mid-Atlantic automotive community. Its reputation for stellar customer service and deep-rooted ties to the Baltimore community make this acquisition strategically significant for AutoNation. As part of a larger network of over 240 dealerships, which generated $27 billion in revenue in 2024, incorporating Jerry’s Toyota allows AutoNation to enhance its offerings in this vital regional market.
Merging Legacies for Greater Value
This strategic acquisition highlights AutoNation’s long-term plan to consolidate the automotive retail sector. By integrating a high-performing, well-established Toyota franchise in an important corridor, AutoNation can capitalize on economies of scale to negotiate better supplier terms, improve customer financial services, and effectively cross-sell parts and services to a dedicated customer base. This move also supports a multi-generational succession plan for Jerry’s Toyota, ensuring that the dealership’s legacy continues while providing its owners with a transition that honors the brand’s heritage.
Facilitated by Expertise
The transaction was facilitated by the Dave Cantin Group, a leading mergers and acquisitions advisory company within the retail automotive space. While the terms of the deal were not disclosed, this strategic move points to a well-considered investment blueprint aimed at expanding AutoNation’s reach and capabilities.
Brand Expansion and Community Progress
AutoNation’s operations encompass a wide array of services including the sale of new and used vehicles, customer financing, parts, and maintenance services. This expansion into Maryland showcases the positive trajectory of the Baltimore City economy as businesses like AutoNation recognize the value of investing in local communities. Such investments foster job creation and contribute to the collective growth of the Maryland economy.
Conclusion
The acquisition of Jerry’s Toyota by AutoNation signifies a pivotal moment in the automotive landscape of Baltimore. By merging a legacy brand with a national powerhouse, both companies stand to gain immeasurable value, ultimately benefiting consumers and the local economy. Baltimore residents are encouraged to continue supporting local businesses while staying engaged in the opportunities that foster economic growth in Maryland.
Frequently Asked Questions (FAQ)
What is the significance of AutoNation’s acquisition of Jerry’s Toyota?
The acquisition adds approximately $123 million in annual revenue and 2,600 retail new and used vehicle sales to AutoNation’s portfolio. It marks the company’s 20th Toyota store nationwide and its first in Maryland, enhancing its footprint in a key market. With this addition, AutoNation now operates 18 locations in Maryland, including nine premium luxury stores, three domestic stores, three import stores, and three collision centers.
Who is Mike Manley, and what did he say about the acquisition?
Mike Manley is the Chief Executive Officer of AutoNation. He stated, “AutoNation Toyota White Marsh expands our brand portfolio in a key market and aligns with our commitment to deploying capital to create shareholder value. Together with our 110 new associates, we look forward to delivering even greater value and choice to our customers.”
What is the history of Jerry’s Toyota?
Founded in 1957, Jerry’s Toyota has been a cornerstone of the Mid-Atlantic automotive community for over six decades. The dealership’s long-standing reputation for customer service and its deep roots in the Baltimore community make it a valuable addition to AutoNation’s network of more than 240 dealerships, which generated $27 billion in revenue in 2024.
Who facilitated the acquisition of Jerry’s Toyota?
The transaction was facilitated by the Dave Cantin Group, a leading mergers and acquisitions advisory company to retail automotive groups and their owners. The terms of the deal were not disclosed.
What is AutoNation’s business model?
AutoNation is one of the largest automotive retailers in the United States, offering a wide variety of new and used vehicles, customer financing, parts, and expert maintenance and repair services through its nationwide network of dealerships.
Key Features of the Acquisition
| Feature | Details |
|---|---|
| Acquired Dealership | Jerry’s Toyota, now AutoNation Toyota White Marsh |
| Acquisition Date | December 8, 2025 |
| Annual Revenue Added | Approximately $123 million |
| Annual Vehicle Sales | 2,600 retail new and used vehicles |
| AutoNation’s Total Maryland Locations | 18 locations, including nine premium luxury stores, three domestic stores, three import stores, and three collision centers |
| AutoNation’s Total Toyota Stores Nationwide | 20 stores |
| CEO of AutoNation | Mike Manley |
| Facilitator of Acquisition | Dave Cantin Group |
| AutoNation’s Headquarters | Fort Lauderdale, Florida |
Deeper Dive: News & Info About This Topic
HERE Resources
Author: STAFF HERE BALTIMORE WRITER
The BALTIMORE STAFF WRITER represents the experienced team at HEREBaltimore.com, your go-to source for actionable local news and information in Baltimore, Baltimore County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Baltimore Book Festival, Preakness Stakes, and Artscape. Our coverage extends to key organizations like the Baltimore Chamber of Commerce and Visit Baltimore, plus leading businesses in shipping and healthcare that power the local economy such as the Port of Baltimore and Johns Hopkins Medicine. As part of the broader HERE network, we provide comprehensive, credible insights into Maryland's dynamic landscape.
