LMP Automotive Holdings, Inc. and its Affiliates Announces Buyer Terminated Certain Asset Sale Agreements

FORT LAUDERDALE, Fla., Oct. 05, 2022 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today announced the buyer terminated the  dealership and real estate asset sale agreements (the “Agreements”) to buy LMP’s Kia dealerships in Port Charlotte, FL, Cape Coral, FL and Beckley, WV, its Subaru dealership in Beckley, WW, its Chevrolet dealership in Beckley, WV and its General Motors dealership in Beckley, WV (the “Terminated Dealerships”).