Monday 27 March 2023

US-based dealership brokerage firm Performance Brokerage Services has announced the sale of South Bay Volkswagen in National City, California to Sedano Automotive Group, the company said.

National City's Mile of Cars currently has 11 active dealerships representing 17 auto brands and remains as one of the oldest and most successful auto rows in the United States.

South Bay Volkswagen is the third Mile of Cars dealership sale facilitated by Performance Brokerage Services in the last three months, previously selling Frank Subaru and Frank Toyota to Dalton Corp. from Mexico.

Over the last 5 years, Performance Brokerage Services has advised on the sale of over 300 dealerships. In 2022, the company consummated 92 transactions,

Performance Brokerage Services, Inc. specialises in buy-sell activity for automotive, RV, commercial truck, powersports, and equipment dealerships.