Driving the News
Victory Automotive Group, based in Ann Arbor, Michigan, has acquired three dealerships from Germain Motor Co., closing the deal on August 3.
For Context
The purchased dealerships include:
- Germain Honda of Ann Arbor
- Volkswagen of Ann Arbor
- Audi Porsche Ann Arbor
All locations are situated near the University of Michigan.
Key Details
- The dealerships have been rebranded as:
- Victory Honda Ann Arbor
- Volkswagen Ann Arbor
- Audi Ann Arbor and Porsche Ann Arbor
- They are located approximately two miles from Michigan Stadium.
- Germain Motor Co., headquartered in Columbus, Ohio, has exited the Michigan market following this sale.
- The Tim Lamb Group facilitated the transaction for the sellers.
Additional Insights
Victory Automotive continues to expand its footprint, having acquired a Nissan store in Connecticut on August 31, while selling a Nissan store in Indiana on August 10. The group also purchased a Honda dealership in Beckley, West Virginia in June.
Stay Informed
For more deal announcements and updates throughout the year, visit the CDG Buy/Sell tracker, presented by Presidio.
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