Automotive Holdings Group Limited (ASX:AHG) agreed to acquire Five Franchised Automotive Dealerships for AUD 8.5 million on October 4, 2017. The Maitland operations comprise three automotive franchises Subaru, Honda and VW Passenger. The Rutherford operations comprise two franchises Isuzu UTE and VW Commercial. The transaction is subject to customary conditions including manufacturer approvals and is expected to close in November. Automotive Holdings Group Limited (ASX:AHG) completed the acquisition of five franchised automotive dealerships in December 2017.