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LAcarGUY Buys Honda Lancaster, Antelope Valley Dealerships in California
Thursday 20 April 2017

20 April 2017 - California, US-based automotive dealership operator LAcarGUY has acquired Southern California dealerships Honda Lancaster and Subaru Antelope Valley, the company said.

Financial terms were not disclosed.

The company now has 11 dealerships across Southern California.

LAcarGUY said the new Honda Lancaster showroom in Lancaster just opened its doors and has nearly doubled in size from its former space, expanding from 17,200 to 30,500 square feet.

It features an eight-car showroom with 25 service bays.

The Subaru Antelope Valley showroom at 43243 10th Street West, Lancaster, opens its doors later this year.

It expands to more than five times its size from 3,300 to 17,200 square feet, with a four-car showroom and ten service bays.

The LAcarGUY family of dealerships has been a Los Angeles fixture since "Sully" Sullivan opened his first dealership, Volkswagen Santa Monica in 1964.
Details
Date Published: 20/04/2017
Target: Honda Lancaster and Subaru Antelope Valley
Country: USA
Sector: Motor Vehicles
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: LAcarGUY
Comment:
Terms of the deal were not disclosed

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