Victory Automotive Group sells Honda dealerships in New York, Alabama

Victory Automotive Team, a person of the major privately owned dealership groups in the U.S., offered two Honda dealerships in individual transactions very last thirty day period and appears to have exited two states.

Victory Automotive, of Canton, Mich., on May well 25 marketed Victory Honda of Ontario in Canandaigua, N.Y., to West Herr Automotive Group, another large, privately owned dealership group. It seems it was Victory Automotive’s only New York site, in accordance to its internet site.

The purchaser renamed the dealership West Herr Honda of Canandaigua. Canandaigua is southeast of Rochester and west of Syracuse. West Herr bought a Toyota retail store in Canandaigua in 2020.

“Anyone at West Herr is excited about increasing our presence in the Canandaigua marketplace,” West Herr CEO Scott Bieler explained in a statement. “We search ahead to expanding the Honda store as we have in the earlier calendar year and a half with our Toyota retailer.”

West Herr mentioned it anticipated the Honda dealership to promote 1,700 new and made use of cars combined yearly.

It marks the next Honda store for West Herr and its 33rd dealership over-all, the automobile retailer reported.

The transaction marked West Herr’s to start with acquisition in 2022 and initially because December, when it bought a Chevrolet dealership in Syracuse. West Herr also acquired Toyota, Subaru and Ford dealerships in 2021.

West Herr, of Orchard Park, N.Y., ranks No. 17 on Automotive News‘ record of the top 150 dealership groups based in the U.S., with retail gross sales of 31,933 new autos in 2021.

Sale of Alabama keep
Victory Automotive also seems to have exited Alabama when it sold a dealership past thirty day period.

The team marketed Freeway Honda in Birmingham on May perhaps 9 to Carlock Automotive Group, of Nashville, in accordance to Mike Sims, president of acquire-promote company Pinnacle Mergers & Acquisitions in Frisco, Texas. Sims managed the transaction.

The dealership was renamed Carlock Honda. It marks the first Honda dealership for the team.

Carlock Automotive now has 11 franchised rooftops across the Southeastern states of Alabama, Mississippi and Tennessee, in accordance to its internet site. Carlock’s manufacturers vary from Mitsubishi to ultraluxury marques these kinds of as Rolls-Royce and Bentley.

The team bought Darrell Waltrip Volvo in Franklin, Tenn., in March 2021 but temporarily moved that retail outlet to a campus in Brentwood, Tenn.

Victory Automotive’s two dealership profits abide by a few acquisitions in the 2nd half of 2021. Victory still has 20 Honda dealerships in its portfolio, just about 50 percent of its total 45 shops throughout the country, according to its web site.

Victory Automotive ranks No. 14 on Automotive Information‘ listing of the leading 150 dealership groups primarily based in the U.S., with retail product sales of 36,958 new cars in 2021.