Driving the news: Sutherlin Automotive Group purchased a Kia store from the Car Pros Automotive Group in a deal that closed Aug. 5.
For context: Car Pros Kia of Huntington Beach will snag a new location and new name.
Brett Sutherlin, CEO of his namesake group, renamed the dealership Sutherlin Kia Huntington Beach.
Sutherlin said in a post that the dealership has been one of California's highest-volume Kia dealerships, and that he aims to take it to a top-five national ranking, ranked by annual sales volume.
The group will invest about $20 million to build a new five-acre dealership campus adjacent to Sutherlin Subaru Huntington Beach that will feature an expanded showroom, increased service capacity, modern guest amenities, and up-to-date Kia retail design standards.
What they’re saying: Sutherlin Subaru Huntington Beach and Sutherlin Kia Huntington Beach will form the flagship of the group’s West Coast operations.
"This is about far more than acquiring another dealership," Sutherlin said. "... Our $20 million investment reflects our long-term commitment to this community and our belief that the very best dealerships are built by investing in great people, exceptional facilities, and an ownership experience that customers are proud to recommend."
You can see this deal announcement and many more throughout the entire year by visiting the CDG Buy/Sell tracker at CDGbuysell.com, presented by Presidio.
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