Oakes Auto buys Ford retailer
Oakes Auto Group on Might 13 purchased Ford suppliership Cox Motor Co. in Pleasanton, Kan., from Jesse Secrest, Based mostly on suppliership supplier Paul Kechnie, companion at Efficiency Brokerage Providers, an Irvine, Calif., agency, which dealt with the transaction.
The deal brings Oakes Auto As a lot as three supplierships. Cox Motor Co. was renamed Oakes Ford and joins the group’s completely different retailers, Oakes Mitsubishi and Oakes Kia, Inside the greater Kansas Metropolis space. Pleasanton is south of Kansas Metropolis.
Dan Oakes, president of Oakes Auto, informed Automotive Information that Cox Motor Co.’s nearness to Kansas Metropolis was a motivator for the acquisition. He said the deal additionally brings Oakes Auto its first Ford suppliership.
“Principally, our auto group was In a place To choose up Ford,” Oakes said. “It is in proximity to Kansas Metropolis, which is the place the inhabitants and The The rest of our operations are.”
As for modifications, Oakes said the group will Pay money for fixed operations, particularly extra lifts And restore performance.
Cox Motor Co. was Secrest’s solely suppliership, Oakes said, including he was Making an try to retire.
Tony Crowdis buys hometown suppliership from Winegardner Auto Group
Tony Crowdis on June 29 purchased Winegardner Buick-GMC of Brandywine in Maryland from Winegardner Auto Group, Based mostly on Jeff Rochwarger, senior Vice chairman of Nationwide Enterprise Brokers. Rochwarger suggested The vendor Inside the sale.
Winegardner Auto sellers have been Chuck and Tom Winegardner, Rochwarger said. The group now has two Widespread Motors supplierships in Maryland, Based mostly on its internet website.
Crowdis additionally now owns two supplierships. He renamed his acquisition Buick-GMC of Brandywine.</…….