Rising Randy Marion Automotive Group purchased 4 North Carolina dealerships in two separate first-quarter transactions to develop its portfolio within the state.
Randy Marion Automotive in Mooresville, N.C., on March 6 purchased Gerry Wooden Dodge of Salisbury, which additionally sells Chrysler, Jeep and Ram autos; Gerry Wooden Honda; and Gerry Wooden Kia from Gerry Wooden, in response to Randy Marion Automotive COO DJ Heller.
The dealerships, all in Salisbury, N.C., have been renamed Randy Marion Chrysler-Dodge-Jeep-Ram of Salisbury, Randy Marion Honda and Randy Marion Kia. Salisbury is northeast of Charlotte.
Honda and Kia are each new manufacturers for the group, Heller mentioned.
“I am excited for the range of our group now with having a pair extra imports,” Heller informed Automotive Information. “Having Honda and Kia actually provides to our home manufacturers, together with Subaru.”
Heller mentioned Salisbury can be a brand new marketplace for Randy Marion Automotive, which has dealerships solely in North Carolina.
The three-store acquisition follows the February buy of a Chevrolet retailer in West Jefferson, N.C., close to the Tennessee and Virginia borders.
Randy Marion Automotive on Feb. 21 purchased West Jefferson Chevrolet, which additionally sells Buick and GMC autos, from the Church household, Heller mentioned.
The dealership was renamed Randy Marion Chevrolet-Buick-GMC of West Jefferson.
In September, Randy Marion Automotive purchased Ashe County Ford, additionally in West Jefferson.