Sandler claimed the dealerships would be renamed Honda of Abington, Hyundai-Genesis of Abington, Mazda of Abington and Acura of Abington.
“Our business right now is on a trajectory to develop our organization and we’ve been actively getting dealerships a whole lot in the earlier several decades,” George Liu, CEO of Rosenthal Automotive told Automotive Information. “We’re continue to continuing on that path, so this specific acquisition was a fantastic healthy since it consisted of manufacturers that we presently owned and it was a organic healthy.”
Liu said Rosenthal prepared on producing facility upgrades to the suppliers and implementing instruction systems for staff members.
Sussman Automotive was family owned and operated in the Philadelphia space for additional than 50 years prior to the sale, in accordance to the company’s website. Sandler stated when Sussman Automotive finally determined to offer, numerous other automotive teams submitted bids, but Rosenthal in the end received out.
“This is a family of honored, legendary Philadelphia auto dealerships,” Sandler stated.
Sandler said Bel Air Associates formerly represented Sussman in a sale of a few of its New Jersey shops to Team 1 Automotive Inc. in 2006.
Sussman Automotive retained ownership of Sussman Kia in Roslyn, Pa., Sandler said.
Rosenthal Automotive of Reston, Va. also has dealerships in Virginia and Maryland. It ranks No. 105 on Automotive News’ listing of the top rated 150 dealership groups based in the U.S., retailing 9,638 new autos in 2021.