Hendrick Automotive Group, one of a largest dealership groups in a U.S., will rigourously open a new Volkswagen store in Frisco on Friday as it strives for a larger participation in a Dallas area.
The group, shaped in Charlotte, N.C., has owned Honda of McKinney for decades and skeleton to rename it to embody Hendrick in a name.
In addition, a organisation has purchased a interest in Lewisville Volkswagen, that will be called Hendrick Volkswagen Lewisville.
Beck Automotive Group, former owners of Lewisville Volkswagen, will be a partner with Hendrick in a Frisco and Lewisville dealerships.
“Texas is a superb place to live and do business,” pronounced Rick Hendrick, authority of Hendrick Automotive Group and owners of NASCAR aspirant Hendrick Motorsports. “Demand for Volkswagen products in North Texas is really high, and we feel these dual dealerships are ideally positioned to offer a fast expanding patron base.”
The purchases by Hendrick, a largest secretly owned automobile organisation in a U.S., are a second new area acquisitions by a large player.
Earlier this year, Berkshire Hathaway Automotive — shaped from financier Warren Buffett’s squeeze of a Van Tuyl Group — bought Frank Kent Honda in Fort Worth.
“I consider a lot of [auto] groups are looking down here,” pronounced Lee Chapman, boss of a Dallas-Fort Worth Metropolitan New Car Dealers Association. “The metro area is an appealing marketplace for anyone looking for a dealership and will be for some time.”
Besides a dual Volkswagen dealerships, Hendrick is purchasing 110 acres of land in McKinney for an undisclosed purpose, a association said.
The new dealership in Frisco, that has been handling for several weeks though will symbol a grand opening on Friday, is a largest singular free-standing VW dealership in a U.S., a Hendrick orator said.
The 63,000-square-foot trickery sits on 14 acres in a 5000 retard of State Highway 121 in Frisco.
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