Eide Automotive Team provides Ford, Kia dealerships
Eide Automotive Team on Aug. 1 acquired Invoice Barth Kia and Bill Barth Ford in Mandan, N.D., from Bill Barth Automotive Team.
The dealerships ended up renamed Eide Ford Mandan and Eide Kia Mandan. Mandan is west of Bismarck, N.D.
Jesse Peterson, the group’s CEO and vendor principal of Eide Ford Mandan, explained the acquisition allowed Eide Automotive to purchase out its Ford competition in the Bismarck-Mandan marketplace and pick up an up-and-coming manufacturer in Kia.
“There was two Ford dealerships and they were a single and we had been the other one particular,” Peterson, a 2018 Automotive Information 40 Beneath 40 honoree, told Automotive Information. “We have been in a position to decide up the other Ford seller and that was a large deal to us — to be in a position to expand our footprint here.”
With the addition of the two merchants, Eide Automotive is up to six suppliers, including two Ford stores, three Stellantis suppliers and a person Kia dealership in North Dakota and Minnesota.
Invoice Barth Automotive, in the meantime, is out of the enterprise, Peterson reported.
Considering the fact that taking above the merchants in August, Eide Automotive has done some minimal bodily upgrades. The greatest changes, Peterson claimed, appear in the sort of amplified staff members.
“We ended up equipped to keep all the workers that wished to keep,” Peterson said. “We added a couple of to forecast for long run expansion.”
Ken Garff Automotive Team expands in Arizona
Ken Garff Automotive Group on Dec. 12 included two a lot more dealerships in Arizona when it purchased two import brand name outlets from Earnhardt Vehicle Facilities.
The former Earnhardt Volkswagen in Gilbert and Rodeo Kia in Avondale were renamed Ken Garff Volkswagen Gilbert and Ken Garff Kia Avondale, according to Megan Maybee, a corporation spokeswoman.
“Arizona is a sturdy market for us and opening two dealerships at after provides the Ken Garff degree of service to even far more auto shoppers,” Ken Garff CEO Brett Hopkins mentioned in a statement.
The Ken Garff group of Salt Lake City ranks No. 9 on Automotive News’ most new checklist of the 150 major dealership teams in the U.S., retailing 58,787 new motor vehicles in 2021. Earnhardt Vehicle Centers of Chandler, Ariz., ranks No. 18 on that identical list, retailing of 30,221 new motor vehicles in 2021.
Ken Garff now has much more than 50 dealerships in 8 states, including Arizona, California, Colorado, Iowa, Texas, Utah, Nevada and Wyoming, Maybee instructed Automotive News.
The group has been both of those a consumer and vendor in latest months. Ken Garff sold a Honda retailer in Reseda, Calif., to Brandon Steven Motors on Oct. 3, and the group exited Michigan in July when it divested a Cadillac store in Novi, as nicely as Chrysler-Dodge-Jeep-Ram suppliers in Southfield and Taylor to Fox Motors of Grand Rapids.
On June 21, Ken Garff obtained Nate Wade Subaru in Salt Lake Metropolis from Kirk Schneider. The group also ordered its 1st two Arizona dealerships from household-operate Earnhardt Vehicle in August and September 2021.
Kerrigan Advisors, a provide-aspect company in Incline Village, Nev., represented Earnhardt Automobile in the income to Ken Garff.
Kerrigan Advisors also represented Earnhardt Car in its Feb. 28 sale of Earnhardt Buick-GMC Las Vegas and Earnhardt Mazda Las Vegas in Nevada to Jerry Seiner Dealerships, which marked Earnhardt’s exit from the state, Kerrigan Advisors verified.