Ricart Automotive Team on Tuesday purchased two domestic dealerships, increasing its existence in Columbus, Ohio, exactly where the group is primarily based.
Ricart Automotive obtained Dan Tobin Chevrolet and Dan Tobin Buick-GMC, equally in Columbus, from seller Dan Tobin.
“We are so thrilled to be attaining an remarkable small business from a fantastic automotive seller,” Ricart Automotive CEO Rhett Ricart, who was the 2020 chairman of the National Automobile Dealers Affiliation, reported in a statement. “Dan Tobin really should be so happy of what he’s constructed, and we are grateful for his belief in us to be the new caretakers of his dealership and his team.”
Conditions of the transaction were not disclosed. The retailers will be renamed Ricart Chevrolet and Ricart Buick-GMC, reported firm President Rick Ricart, Rhett Ricart’s nephew.
The transaction marks a return to General Motors brands soon after the group bought a Chevrolet shop in 2009, Rick Ricart reported. He reported the group is thrilled about GM’s electric auto options, as EVs are a growing target for his firm.