March 2, 2024


Automotive to Us

Mitsubishi, Ford, Nissan, Infiniti dealerships trade hands

Mitsubishi, Ford, Nissan, Infiniti dealerships trade hands

Brian Vonderheide is a 1st-time new-motor vehicle dealership proprietor. He’s now vendor principal of Mountain Mitsubishi, formerly World Mitsubishi Hickory, in Hickory, N.C., in the western section of the condition, following purchasing the retail outlet Sept. 20.

Vonderheide arrives with years of knowledge managing franchised dealerships, largely in northern Mississippi, for Cannon Motor Co. Most a short while ago, he owned a used-car shop that specialised in luxury brands, The Selection of Tupelo in Mississippi, which he marketed just before having above the Mitsubishi dealership.

Vonderheide, in a cellphone interview, said possessing and operating the made use of-motor vehicle retailer was a “stepping stone” toward getting his have new-motor vehicle shop.

He stated he chose to go after a Mitsubishi dealership mainly because he sees it as an up-and-coming brand name and that will make Mitsubishi far more interested than other brands in superior supplier associations.

“Mitsubishi is the only maker I sought out. I seemed specially for a Mitsubishi dealership due to the fact I desired one thing that would have a much better marriage with the manufacturer,” he said. “I’m increasing. This is my initial dealership. I am heading to have to improve with it. And Mitsubishi, I believe that, is in a expansion approach.”

The marketing dealer was Helmi Felfel, president of World Automotive Team in the Charlotte, N.C. location. The World team has one more Mitsubishi shop, also identified as Planet Mitsubishi, and a World Kia dealership, both in Charlotte.

DCG Acquisitions, a Dave Cantin Team business, labored with each parties to facilitate the Mitsubishi dealership transaction. Robert Turbyfill and Michael Lacey, both of those running administrators of DCG Acquisitions, labored on the offer.