Left Lane Auto LLC has acquired Portland, Maine-based Don Foshay's Discount Tire & Alignment, a dealership with six locations throughout Maine.
Don Foshay's Discount Tire & Alignment bills itself as "the largest Cooper Tire dealer in northern New England" and employs more than 75 people. It was founded by Don Foshay Sr.
The acquisition gives Left Lane Auto, which is headquartered in Champaign, Ill., more than 80 locations.
Parham Parastaran, CEO of Left Lane Auto, recently told MTD that his company will hit the 100-store mark by mid-2026.
Left Lane Auto's strategy "is to find strong local brands and shops and carry that legacy forward," he said.
"Our metrics are high-performing locations. We don’t chase turnaround opportunities at this point from a strategic standpoint."
Parastaran says Left Lane Auto plans to retain all Don Foshay's Discount Tire & Alignment employees, as well as the dealership's upper management team.
About the Author
Mike Manges
Editor
Mike Manges is Modern Tire Dealer’s editor. A 28-year tire industry veteran, he is a three-time International Automotive Media Association Award winner, holds a Gold Award from the Association of Automotive Publication Editors and was named a finalist for the prestigious Jesse H. Neal Award, the Pulitzer Prize of business-to-business media, in 2024. He also was named Endeavor Business Media's Editor of the Year in 2024. Mike has traveled the world in pursuit of stories that will help independent tire dealers move their businesses forward. Before rejoining MTD in 2019, he held corporate communications positions at two Fortune 500 companies and served as MTD’s senior editor from 2000 to 2010.