XML 64 R40.htm IDEA: XBRL DOCUMENT v3.20.4
Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2020
Related Party Transactions  
Schedule of automotive joint venture relationships

Location

    

Dealerships

    

Ownership Interest

Fairfield, Connecticut

 

Audi, Mercedes-Benz, Sprinter, Porsche

80.00

% (A)

Greenwich, Connecticut

 

Mercedes-Benz

80.00

% (A)

Edison, New Jersey

 

Bentley, Ferrari, Maserati

20.00

% (B)

Northern Italy

 

BMW, MINI, Maserati, Porsche, Audi, Land Rover, Volvo, Mercedes-Benz, smart, Lamborghini

84.10

% (A)

Frankfurt, Germany

 

Lexus, Toyota, Volkswagen

50.00

% (B)

Barcelona, Spain

BMW, MINI

50.00

% (B)

Tokyo, Japan

BMW, MINI, Rolls-Royce, Ferrari, ALPINA

49.00

% (B)

                                                 

(a)Entity is consolidated in our financial statements.
(b)Entity is accounted for using the equity method of accounting.

In the fourth quarter of 2020, we purchased the remaining 8.2% interest in our former retail automotive joint venture in Aachen, Germany for approximately $5.0 million.