April 18, 2024

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Audi, VW, Stellantis, GM, Hyundai dealerships change hands

Audi, VW, Stellantis, GM, Hyundai dealerships change hands

Nimey family acquires new-car or truck dealership in New York

Lee Buick-GMC Vans grew to become Matt Nimey Buick-GMC on Sept. 19, with the Nimey relatives getting the Boonville, N.Y., dealership from the Lee family members.

This is the Nimey family’s initially new-auto dealership, owner Matt Nimey mentioned. The family’s automotive ties commenced in 1964 with a Utica, N.Y., employed-car or truck dealership that Matt started to run along with his moms and dads in 1999. Boonville is north of Utica.

The new-automobile retail store is a next move in the Nimeys’ growth programs, Matt said, adding he had previously bought a car from the Lee spouse and children and was acquainted with the dealership. Most staff remained next the ownership transition.

“We are going to try out to fantastic what we have and carry on to mature and scale,” he advised Automotive News. “And with the staff that we have at present, I do not see any boundaries.”

The Nimeys will give an expanded employed-automobile selection at the Buick-GMC retail store.

The loved ones also wants to continue to keep the hometown, household-business sense at the new dealership, stated Cindy Nimey, Matt’s mom. The two operate both dealerships together.

“We’re not a big conglomerate coming in and getting about and transforming points and building it a lot more [of] a corporate entire world,” Cindy claimed. “We like dealing with our personnel like spouse and children, and we want to retain that truly feel below.”

The Buick-GMC dealership’s previous possession also has prolonged-standing relatives ties. The Lee family joined the Boonville automotive retail landscape in 1953.

“Matt and Cindy are all about spouse and children, and we know they’re going to take care of our workforce and our prospects with the exact treatment we usually have,” Randy Lee, previous vice president at Lee Buick-GMC Vans, explained in a statement. “They have the similar values we do.”

Timbrook Automotive provides initial Hyundai dealership

Timbrook Automotive on Sept. 30 acquired Hamilton Hyundai in Chambersburg, Pa., marking the group’s initial Hyundai dealership, claimed Dave Ainsworth, companion and Pennsylvania platform manager at Timbrook.

The Cumberland, Md., group desired to perform with the Hyundai brand simply because it has handled stock scarcity issues properly and has successfully introduced quite a few electric powered motor vehicles, Ainsworth mentioned.

The dealership was renamed Chambersburg Hyundai and is Timbrook Automotive’s 3rd Pennsylvania dealership. Chambersburg is in south-central Pennsylvania.

The group operates 12 new-car or truck dealerships, with spots also in Maryland, Virginia and West Virginia. It also sells Kia, Ford, Chevrolet, Buick, GMC, Chrysler, Dodge, Jeep, Ram, Honda and Nissan motor vehicles. And it has two powersports shops.

The sellers, Rick Hamilton and Ken Shreve, share a lot of of the identical missions and values as Timbrook, Ainsworth stated.

The retail outlet “had a good core foundation, and we will construct upon it and increase,” Ainsworth mentioned.

Timbrook Automotive, headed by President Fred Timbrook, also plans next year to start a revamp and expansion of the dealership below Hyundai’s facility impression plan, Ainsworth said. The enhancements will involve EV infrastructure and a new showroom.

In May possibly 2021, Fred Timbrook, Ainsworth and Lee Wilson of Timbrook Automotive purchased Hazleton Honda in Hazle Township, Pa., from Lithia Motors Inc.

Rob Lee, director of the Northeast region for invest in-market business Tim Lamb Group in Columbus, Ohio, represented the vendor in the Hyundai dealership transaction.