GoAuto has joined the working tally of Canadian dealership teams increasing into america.
The Edmonton-based firm introduced Jan. 31 it has acquired a joint Toyota and Mercedes-Benz dealership in Bellingham, Wash., a coastal metropolis a couple of dozen kilometres south of the Canadian border.
Monetary phrases of the deal weren’t disclosed.
Mercedes-Benz of Bellingham and Toyota of Bellingham, which share a rooftop within the metropolis between Vancouver and Seattle, had been beforehand owned by native vendor Al Monjazeb.
GoAuto mentioned it’s thrilled to make its “first foray” into america with the 2 high-profile manufacturers.
The Canadian group has been an lively purchaser in current months, although a lot of its enterprise stays concentrated in Western Canada. It bought 4 dealerships in two separate transactions in Alberta and British Columbia in October 2022.
On the time, GoAuto President Phil Abram informed Automotive Information Canada that the corporate was exploring different enlargement alternatives throughout Canada and in america.
“That is just the start of our diversified and strategic development plan as we sit up for additional increasing our footprint in 2023,” later mentioned in an announcement.
GoAuto now owns 29 new-vehicle dealerships in Alberta, B.C., Manitoba, Northwest Territories, Ontario and Washington. It additionally runs an in depth used-car enterprise with 30 shops throughout Western Canada.