Victory Automotive Group made its second acquisition of the yr with a two-dealership buy within the second quarter.
Victory Automotive purchased C&C Toyota and C&C Dodge-Chrysler-Jeep-Ram, each in Marietta, Ohio, from father and son Jim and Jason Cobb on June 15, mentioned Blair Sharpe of the Tim Lamb Group, a dealership buy-sell firm in Columbus, Ohio. Sharpe represented the sellers within the transaction.
The dealerships have been renamed Victory Toyota Marietta and Victory Chrysler-Dodge-Jeep-Ram Marietta, which is in southeast Ohio close to the West Virginia border. The acquisition additionally included a service middle and automotive wash in close by Parkersburg, W. Va.
It marked Victory Automotive’s first buy because it purchased two Tennessee dealerships in April, Rodger Olson, Victory Automotive’s COO, instructed Automotive Information in an e-mail.
Victory Automotive additionally offered a dealership within the first quarter.
Victory Automotive, of Canton, Mich., ranks No. 19 on Automotive Information‘ most up-to-date record of the highest 150 dealership teams based mostly within the U.S., retailing 28,535 new autos in 2022.