Texas Dealer Group Acquires Desert Sun Motors Store in New Mexico
Lowenfield said he and his brothers — Casa president Justin Lowenfield and company general counsel Luke Lowenfield — bought the dealership group from their father in 2018. . Retire. “
The brothers, who started with three dealerships selling Kia, Ford, Lincoln and Nissan, added a Buick-GMC store in 2021 before closing deals in New Mexico in the third quarter of last year.
“This acquisition allows us to serve more customers,” said Lowenfield.
While minimal staffing changes have been made, the building housing the Honda and Chrysler Dodge Jeep Rams is scheduled for a complete rebuild.
Honda’s new building is scheduled to open in April. Until then, Honda’s sales staff work in the Chrysler Dodge Jeep Ram building about 20 yards away. All Honda services are temporarily operating out of an old building adjacent to a Chevrolet-Buick-GMC store, Loenfield said.
Those plans will reverse when the Chrysler Dodge Jeep Ram building is due to be demolished in late 2023. Sales will take place from the new Honda building until the end of this year when construction is expected to be completed.
Loenfield said that while they are devoting time and energy to ensuring the transition and renovations go smoothly, the brothers aim to continue expanding the group.
“If I get my way, I will buy one or two stores every year and continue to grow,” he said. “He doesn’t have a maximum number of stores in mind, but he wants to have 15 rooftops by 2030.”
This is in contrast to Casa’s eight new car dealerships, in addition to two used car dealerships, a collision repair shop, and an insurance company after the New Mexico transaction.
It’s the first time the casa has moved to a new state since the brothers’ grandfather, Wally Lowenfield, started the business in 1969, according to Lowenfield.
https://www.autonews.com/dealers/texas-dealership-group-buys-desert-sun-motors-stores-new-mexico Texas Dealer Group Acquires Desert Sun Motors Store in New Mexico