LaFontaine Automobile buys first Infiniti dealership
LaFontaine Automobile Workforce has expanded its luxurious emblem choices with its actual Michigan acquisition.
LaFontaine Automobile on Aug. 11 purchased Ann Arbor Infiniti, west of Detroit, from fellow Michigan auto store Fox Motors, LaFontaine spokesperson Max Muncey showed to Automobile Information in an e mail.
The dealership used to be renamed LaFontaine Infiniti Ann Arbor. It marks the primary Infiniti dealership for LaFontaine, Muncey stated. Infiniti joins Cadillac, Volvo and Genesis in LaFontaine’s luxurious emblem portfolio.
Fox Motors housed the Infiniti franchise out of its Nissan dealership in Ann Arbor. Muncey stated LaFontaine moved Infiniti to a former used-vehicle bundle it already owned in Ann Arbor.
The purchase used to be LaFontaine’s first because it purchased a metro Detroit Chevrolet dealership in March, Muncey stated. As well as, LaFontaine this date opened a standalone Polestar bundle, additionally in metro Detroit, and purchased a Lincoln dealership in Magnificent Rapids, Mich.
Fox Motors, in the meantime, has been an lively dealership purchaser in 2023 with purchases in Magnificent Rapids and metro Detroit.
LaFontaine Automobile, of Highland, Mich., ranks Refuse. 25 on Automobile Information‘ record of the supremacy 150 dealership teams primarily based within the U.S., retailing 24,750 pristine automobiles in 2022. Fox Motors, of Magnificent Rapids, ranks Refuse. 54 on that very same record, with gross sales of 14,457 pristine automobiles in 2022.
Kunes Auto buys two Wisconsin dealerships
Kunes Auto Workforce won two footholds in metro Milwaukee later obtaining Basic Motors dealerships in Wisconsin.
Kunes Auto COO Scott Kunes stated the crowd on Might 31 bought All-Superstar Buick-GMC in Oak Creek, Wis., from Boyland Auto Workforce.
“We are very excited for that deal,” Kunes informed Automobile Information. “We’ve always been in the southeast Milwaukee market, but this was our first foray into the metro Milwaukee market.”
Renamed Kunes Buick-GMC of Oak Creek, the bundle is south of downtown Milwaukee.
Boyland Auto CEO Dorian Boyland, a former Primary League Baseball participant drafted by means of the Pittsburgh Pirates, additionally bought a Honda dealership in Oak Creek in January.
“The decision to sell my two Milwaukee stores and leave the state that was the birthplace of my academic and professional sports careers, was a very difficult one,” Boyland stated in a commentary.
Scott Mackie, senior vice chairman of the Midwest area for buy-sell company Nationwide Industry Agents in Irvine, Calif., represented Boyland within the Kunes transaction.
Kunes Auto of Delavan, Wis., on Aug. 1 additionally bought John Paul’s Buick-GMC in Greenfield, southwest of Milwaukee. The Jones folk bought the bundle, renamed Kunes Buick-GMC of Greenfield.
The acquisitions had been the primary auto dealership transactions of the date for Kunes Auto, which additionally owns RV dealerships, Kunes stated. A wholesale portions operation on the Greenfield location made the trade in extra attractive, Kunes stated.
“They do roughly $2 million [in sales] in wholesale parts a month and that’s a business we have not been in,” Kunes stated. “We’ve done wholesale parts at all of our stores, but not to the extent they do.”
Kunes stated he hopes each shops permit the crowd to extend its willpower to society visibility.
“We tend to be in more rural or medium-sized communities,” Kunes stated. “We’re hoping to bring our large community presence to the metro Milwaukee market as well.”
Kunes Auto ranks Refuse. 96 on Automobile Information’ record of the supremacy 150 dealership teams primarily based within the U.S., retailing 9,233 pristine automobiles in 2022.
