April 17, 2024

First Washington News

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Audi, Porsche, Mercedes-Benz and Chevy dealerships recently sold

Audi, Porsche, Mercedes-Benz and Chevy dealerships recently sold

Dinsmore Automobile Team expands in Washington condition

Dinsmore Vehicle Group of Puyallup, Wash., expanded its existence in Washington point out with the 3rd-quarter invest in of a Chevrolet shop.

Dinsmore Auto purchased Jet Chevrolet in Federal Way on Sept. 12 from brothers Dan Johnson and Jim Johnson. It was the brothers’ only dealership, in accordance to Mark Topping, a vice president with MD Johnson Inc., an Enumclaw, Clean., obtain-market agency. Topping, along with Mark Johnson, president of the company, represented the sellers in the transaction.

The dealership’s title continues to be, in accordance to Ken Dinsmore, owner of Dinsmore Car. Federal Way is south of Seattle and northeast of Tacoma.

“I felt like it definitely in good shape into my group based mostly on the manufacturer and spot,” Ken Dinsmore informed Automotive News.

Dinsmore Auto now has two Chevrolet retailers and a few Mazda dealerships, he claimed. The group also has two used-vehicle shops.

The Jet Chevrolet acquisition was the group’s to start with because it bought a Mazda dealership in Olympia, the state’s capital, in 2020, Ken Dinsmore said.

Companions offer two Mercedes-Benz retailers in Illinois

A pair of mates and business associates in the fourth quarter bought two Mercedes-Benz dealerships that they co-owned in Illinois.

Daniel Sunderland and David Nocera in individual transactions sold Mercedes-Benz of Orland Park and Mercedes-Benz of Bourbonnais to Fields Auto Group of Glencoe, Ill., Sunderland confirmed. The Orland Park deal shut Oct. 17, and the Bourbonnais transaction closed Nov. 21.

Sunderland claimed he and his father opened the Orland Park retail store in 1994, the same 12 months Nocera commenced working at the dealership.

When Sunderland’s father, Klare Sunderland, died in 2013, he stated he tapped Nocera as a associate mainly because he wanted someone he could believe in “100 percent.”

“David was running the dealership and [was] sort of like a brother to me,” Sunderland advised Automotive News.

They shaped a enterprise to obtain the dealership from Sunderland’s father’s estate that year, Sunderland explained.

In March 2021, the duo, as a result of yet another company, ordered the Bourbonnais keep from Bill Napleton and Paul Napleton of Napleton Automotive Group.

Nocera and Sunderland had been permitted by Mercedes-Benz to shift the Bourbonnais retailer to Romeoville, closer to their Orland Park store. Both Orland Park and Romeoville are southwest of Chicago. The Bourbonnais transaction also bundled land in Romeoville for the new dealership that could be completed by early 2024, Sunderland explained.

Just after paying for the Bourbonnais keep, Nocera opted to retire, so they determined to market the dealerships.

Nocera “was just completely ready to invest additional time with his relatives, and I didn’t want to operate it without the need of him, to be trustworthy,” Sunderland explained.

Sunderland, who life in Pennsylvania, also is president of Sun Motor Vehicles of Mechanicsburg, Pa., which contains three luxurious dealerships.

Sunderland mentioned that when Fields previously owns Mercedes-Benz retailers, none was in their “home base” of Illinois before the acquisitions. Fields Auto owns luxurious, domestic and import dealerships in Florida, North Carolina, Wisconsin and Illinois. In 2021, Fields Automobile divested two Florida retailers to Lithia Motors Inc.

Kerrigan Advisors, a offer-facet business in Incline Village, Nev., represented Nocera and Sunderland in the transactions.