Automotive Holdings Group Limited (ASX:AHG) agreed to acquire two franchised automotive dealerships in the southern Auckland suburb of Manukau for NZD 7.5 million on January 8, 2018. The co-located Hyundai and Mitsubishi dealerships are close to AHG’s existing Holden and Nissan dealerships in Manukau and will become part of the Group’s broader New Zealand operations. The transaction is subject to customary conditions including manufacturer approvals and is expected to close late in next month. Automotive Holdings Group Limited (ASX:AHG) cancelled the acquisition of two franchised automotive dealerships in the southern Auckland suburb of Manukau on January 8, 2019.