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Holand Automotive Group Sells Ferrari Rancho Mirage to Lapis Automotive Group
On December 17, 2025, Holand Automotive Group announced the sale of its Ferrari Rancho Mirage dealership to Lapis Automotive Group, led by Todd Blue. The sale followed a collaborative process with Ferrari North America to ensure brand stewardship and operational excellence.
Todd Blue, with extensive experience in Palm Springs and Coachella Valley markets, previously served as CEO of Indigo Auto Group. His professional relationship with Gad Bitton, President & CEO of Holand Automotive Group, facilitated this transition.
Holand Automotive Group emphasized the need for local management due to the area's seasonal market demands. The company maintains commitment in California, retaining ownership of Ferrari of South Bay in Torrance, and continues to explore growth opportunities.
This sale highlights Holand Automotive's strategy for long-term growth and market density in the U.S. and Europe.
R. H.
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