Randy Wise adds 3 new brands
The Randy Wise Automotive Team on Oct. 12 bought Grand Blanc Motorcars in Michigan, adding new brands Toyota, BMW and Mercedes-Benz to its lineup.
Randy Wise Automotive of Fenton, Mich., bought the store from Dave Isbell, who opened the dealership in 1992, said Chris Wise, vice president of the group named for his father, Randy Wise. Grand Blanc is just south of Flint, Mich.
The dealership has been renamed Randy Wise Motorcars, which consists of BMW of Grand Blanc, Mercedes-Benz of Grand Blanc and Randy Wise Toyota.
“Dave Isbell has established a tremendous group of caring and hardworking employees that put the customer at the center of everything they do,” Chris Wise said in a statement. “We look forward to growing the Randy Wise team with three world-class companies and can’t wait to get going.”
Chris Hunt will remain as general manager of the dealership.
Randy Wise Automotive now has eight locations, including a used-vehicle store.
Faricy Boys add 5 brands in large single-store deal
The Faricy Boys of Colorado Springs, Colo., late last month purchased its third Colorado dealership — a Chrysler-Dodge-Jeep-Ram-Chevrolet-Buick-GMC-Ford rooftop in Salida, adding five brands to the group.
The Faricy Boys — third-generation operators Ben Faricy and Paul Faricy — on Sept. 29 bought Town & Country Salida Inc. from Mike Goodart and Matt Brown. Brown remains the store’s general manager.
The store has been renamed Faricy Boys Automotive. The Faricy Boys also have a Chrysler-Jeep dealership in Colorado Springs and a Ford dealership in Cañon City, which it acquired in 2017. Salida is southwest of Denver.
“We’ve been looking for opportunities to expand and this one checked all of the boxes — a loyal staff, new in-demand car brands, a beautiful facility and a thriving community,” Paul Faricy, vice president of The Faricy Boys, said in a statement. “Extending further into southern Colorado is a natural next step for us and Salida is a special place in the heart of the region.”
Goodart, former president of Town & Country Salida and who is retaining other dealerships in Colorado and New Mexico, in a statement said the buyers were “the ideal next generation for our company. They take good care of their people, their customers and the communities in which they do business.”
Most Related Links :
Business News Governmental News Finance News