Minority dealer goes it alone, grows IDEA

[...]the Nissan store is the first dealership she'll own without the financial backing of her investor partner in the other two stores, Cavender Auto Family of San Antonio. Herrera started IDEA Auto Group in 2022, spinning off from Cavender Auto Family, and naming her company using the letters representing her vision of inclusion, diversity and equity in automotive. [...]she said she entered into an agreement with investment firm Legacy Automotive Capital of Exton, Pa., which has leased the dealership's land back to her, contributing to Herrera coming into the deal with no debt.