- LMP Automotive Holdings ( OTC:LMPX ) on Wednesday said it would sell its Kia dealerships in Florida to Morgan Auto Group.
- Terms of the deal were not disclosed.
- The sale comes as the company said it was continuing to move forward with its plan of liquidation.
- Morgan Auto Group owns and operates 58 franchise dealerships throughout the state of Florida, LMPX said in a statement .
- The company also said it had got indications of interest for its Subaru, Kia, Chevrolet and General Motors dealerships in West Virginia.
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LMP Automotive to sell Kia dealerships in Florida, continue with liquidation plan