Pair of auto dealerships sold in liquidation move

LMP Automotive Holdings, a Fort Lauderdale-based auto dealer, has sold two of its dealerships in Southwest Florida.

LMP announced it has entered into agreements to sell its Kia dealerships in Port Charlotte and Cape Coral, in addition to Kia and Subaru dealerships in Beckley, West Virginia. The sales include the dealership and real estate assets, according to a statement. Financial terms of the deal — in addition to the name of the buyer — weren’t disclosed.