MenuMENU
SearchSEARCH

Dealerships Trade Hands in Four States

Dealerships trade hands in four states.

December 12, 2022
Dealerships Trade Hands in Four States

Stores trade hands in Delaware, Georgia, North Carolina and Texas

Credit:

IMAGE: Getty Images/PierreDesrosiers

1 min to read


Three dealer groups picked up stores in four states in recent months, Automotive News reported.

In Delaware, Hertrich Family of Automobile Dealerships bought two stores and a collision center in Newark, Del. From Porter Automotive Group, the publication said.

Hertrich rebranded the Nissan and Infiniti dealerships after the group. The acquisition added its first Infiniti store.

The group also owns dealerships in Maryland and New Jersey. It ranks 109th on Automotive News’ list of the top 150 U.S.-based dealer groups with more than 9,000 new-vehicle sales in 2021.

In Georgia, Troncalli Automotive picked up Jefferson Ford northeast of Atlanta from Jimmy Bailey, keeping the store’s name.

Troncalli also owns Chevrolet, Chrysler-Dodge-Jeep-Ram, and Subaru stores across Georgia.

In North Carolina, Brian Vonderheide bought his first new-car dealership with his acquisition of Planet Mitsubishi Hickory in Hickory from Helmi Felfel of Charlotte-area Planet Automotive Group

The store, in western North Carolina, is now Mountain Mitsubishi. He formerly managed franchised dealerships and most recently owned a used-luxury-vehicle store, Automotive News said.

And in Texas, the Khoury Group in San Antonio bought Heart of Texas Ford in Brady from John and Kelly Reavis, rebranding it Destination Ford of Brady and bringing the group’s total franchised stores to 14, in addition to four used-car dealerships.

READ MORE: The Age of Acquisitions

More Dealer Ops

Dealer Opsby Hannah MitchellAugust 26, 2025

Franchises, Throughput Down in First Half

A handful of states see franchise growth through June, while EV sales per store boost overall business in U.S.

Read More →
Dealer Opsby Hannah MitchellAugust 19, 2025

Buy-Sells Up in Q2

Kerrigan metrics show there’s plenty of demand, though many sellers are waiting to pull the trigger.

Read More →
F&Iby StaffApril 2, 2025

DOWC Powers the Future of F&I for NESNA

Company is providing a fully integrated F&I administration model to Nissan Extended Services North America’s dealer network.

Read More →
Ad Loading...
Industryby StaffMarch 26, 2025

March New-Vehicle Sales Healthy

Despite incentive spending not keeping pace with deliveries volume, consumers make their purchases ahead of tariffs impact.

Read More →
Product & Technologyby StaffMarch 13, 2025

New DOWC Program Debuts

Hybrid solution combines benefits of reinsurance and dealer-owned warranty companies.

Read More →
Trainingby StaffJanuary 13, 2025

Dealer Survey Finds Anxieties

Kerrigan Advisors poll shows percentage of retailers expecting lower profits, valuations is on the rise.

Read More →
Ad Loading...
Industryby StaffDecember 23, 2024

Calif. Dealer Group Challenges Scout Direct Sales

Says VW unit’s plans to sell directly to consumers violate state law.

Read More →
IndustryNovember 27, 2024

Six Powerful Questions

Take the time to answer these and lay the groundwork for a successful year-end.

Read More →
Dealer OpsOctober 14, 2024

Autumn Analysis

Consider taking the change of the seasons as a cue to evaluate some key operational aspects of the dealership.

Read More →
Ad Loading...
Dealer OpsAugust 20, 2024

Maximizing Revenue Potential

The strategic imperative for auto dealers is to prioritize F&I product sales and wealth-building in challenging times.

Read More →