Steele Auto Group of Dartmouth, N.S., has expanded in Texas as soon as once more.
The dealership group bought Volkswagen Waco from vendor Luis Perez on April 18. Hicks Administration & Consulting Group, Inc., represented the vendor.
Monetary phrases of the deal weren’t disclosed.
“We’re happy to announce our continued growth within the state of Texas,” Steele Auto Group President Kim Day stated in an announcement. “We enter the Waco market with our first Volkswagen dealership within the U.S. Now we have a really robust relationship with Volkswagen Canada, and we’re proud to be extending this relationship to the U.S.”
In a separate assertion to Automotive Information Canada, Day stated the group “was not trying particularly in Waco.”
“Nonetheless the chance was introduced to us and we felt it was a great match for us from a model perspective and geographically.”
The brand new retailer boosts the group’s dealership depend within the Lone Star State to 9, which promote a mixed eight manufacturers.
Day didn’t say what’s subsequent for the group.
“We’re at all times alternatives however nothing extra absolute to share,” Day stated.