Performance Brokerage Services, the leader in dealership buy-sell activity, announces the sale of Highway Motors, Inc., an International dealer, in Winchester, Harrisonburg, Roanoke, and Leesburg, Virginia, from Tom Mohr to Korey Neal of K. Neal Truck & Bus Center, Inc.

IRVINE, Calif., Oct. 30, 2026 /PRNewswire/ — Performance Brokerage Services, North America’s highest volume dealership brokerage firm, is pleased to announce the sale of Highway Motors, Inc., an International dealer, with 4 locations in Virginia from Tom Mohr to Korey Neal of K. Neal Truck & Bus Center, Inc.

Highway Motors, Inc. is a family-owned commercial truck dealership that has served Virginia’s trucking industry since 1929. Originally established in Harrisonburg, Virginia, the company has expanded along the Interstate 81 corridor, operating locations in Harrisonburg, Roanoke, and Winchester, with an additional parts location serving the Leesburg area. Highway Motors specializes in new and pre-owned commercial trucks, including International Trucks, and provides parts, maintenance, repair, and other fleet support services to customers throughout the region. Tom Mohr, President of Highway Motors, has also been active in the industry through the Virginia Automobile Dealers Association, joining its Board of Directors in 2020.

“I first met Dan Argiro many years ago at an ATD event in Las Vegas,” Tom Mohr, President of Highway Motors, Inc., shared. “From that time forward, I have seen Dan and his team at Performance Brokerage Services help other dealers around the country when they decided to sell their dealerships.

Highway Motors has been a cherished family business and an International dealership for generations. Deciding to sell was a difficult decision. I needed to better understand the buy/sell process and wanted a trusted partner with proven industry experience and expertise. From our very first conversation, right up to closing, Dan was there every step of the way. He helped guide my team and me through the complexities of the transaction, helped us assemble the right experts, and maximized our value by bringing multiple competitive buyers to the table. The right buyer is now taking the reins. We are highly confident that Korey Neal and his team at K. Neal will honor our legacy and continue serving the loyal customers of Highway Motors.”

Over the last 5 years, Performance Brokerage Services has advised on the sale of nearly 450 dealerships, making it the highest volume dealership brokerage firm in North America. Dan Argiro and Pat Albero, Senior Partners of the Commercial Truck and Equipment Division for Performance Brokerage Services, were the exclusive sell-side advisors for this transaction.

“It has been an honor to represent Tom Mohr and his family legacy at Highway Motors on this transaction,” said Dan Argiro. “Our teams worked tirelessly together to ensure the right buyer was taking over. Selecting Korey Neal and his team at K. Neal Truck and Bus was the right decision for Tom. Having worked with Korey on a past transaction, I’ve seen what comes after closing with his team at the helm. I’m confident that growth and prosperity will follow as K. Neal guides Highway Motors into the future.”

Founded by Stephen W. Neal, K. Neal Truck & Bus Center, Inc. is a family-owned commercial truck and bus dealership headquartered in Hyattsville, Maryland. Following Stephen’s acquisition of the business in 2006, his son, Korey Neal, assumed the role of President in 2018. Under Korey’s leadership, the company has continued to expand its regional presence while investing in modern facilities and advancing technologies, including solutions that support cleaner transportation. In 2019, K. Neal was recognized by the Washington Business Journal with a Family-Owned Business Award, and Korey was named a 40 Under 40 honoree in 2020. In 2023, the company was also recognized as Dealer of the Year by the Greater Washington Region Clean Cities Coalition.

With the acquisition of Highway Motors, Inc., K. Neal Truck & Bus Center now operates eight locations across Maryland and Virginia.

Korey Neal, CEO of K. Neal Truck & Bus Center, Inc., shared, “This is the second acquisition I have completed with Dan Argiro and his team at Performance Brokerage Services. Dan and I have known each other for some time. When he reached out to present the Highway Motors opportunity, I knew what to expect from the start: honesty, integrity, transparency, and a straightforward approach to the buy-sell process. Dan lived up to my expectations. He protected confidentiality throughout the process and worked closely with my team and me to keep everything as smooth as possible at every step. We are honored to be chosen as the successor for Highway Motors and look forward to serving our new customers for many years to come. I would recommend Dan Argiro and his team to any dealer looking to buy or sell a dealership, and I look forward to our next acquisition.”

Korey added, “We are thrilled to finalize this acquisition and officially welcome the Highway Motors team and customers into the K. Neal Truck & Bus family. The Mid-Atlantic is a strong economic corridor, and we see tremendous opportunity for growth and expansion here. We are fully committed to building on Highway Motors’ foundation and growing our footprint across the entire region well into the future.”

Highway Motors, Inc. will continue operating under its existing name at all current locations.

About Performance Brokerage Services

Performance Brokerage Services, Inc. is North America’s highest volume dealership brokerage firm, specializing in buy-sell activity for automotive, RV, marine, powersports, commercial truck, and equipment dealerships.

With over 30 years of experience, more than 900 dealerships sold, and a 90% closing rate, the company’s reputation is unmatched and governed by the utmost ethical conduct and integrity.

The company offers a unique approach by providing complimentary estimates of value with no upfront fees or retainers, no reimbursement of costs, and paid a success fee only after the transaction closes.

Headquartered in Irvine, California and supported by 12 regional offices across the United States and Canada, clients benefit from national exposure with local representation.

As trusted and respected experts in the field, the company utilizes an extensive network of industry related attorneys, accountants, hundreds of registered buyers, and longstanding relationships with various vehicle manufacturers.

For more information about the services offered by Performance Brokerage Services, visit https://performancebrokerageservices.com.

Media Contact: 
April Miller
(949) 212-6582
april@performancebrokerageservices.com

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SOURCE Performance Brokerage Services, Inc.