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Joe Machens Dealership sole to McLarty Automotive Group – KOMU

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COLUMBIA – The Drewing family announced Wednesday McLarty Automotive Group purchased Columbia-based Joe Machens Dealerships.

Joe Machens Dealerships pronounced it will continue to work underneath a Joe Machens code name.

“The McLarty Automotive Group understands a significance a pivotal significance of people and relations to a success of a dealership, pronounced Gary Drewing Sr., President of Joe Machens dealerships. “We are gay that a 46-year-old Joe Machens heritage, as good as a joining to well-developed patron service, will continue underneath a proven care of McLarty Automotive Group, and that a valued employees will sojourn core to a group within a dealerships.”

McLarty Automotive Group is partial of a RML Automotive. The association is formed out of Little Rock, Arkansas, and now owns 3 dealerships in Missouri: dual in Branson and one in Lee’s Summit. McLarty Automotive owns Columbia Honda formed in Columbia, Mo. Nationwide, RML Automotive owns 35 automotive franchises and 3 Harley Davidson travelling 8 states.

RML Automotive is owned by RLJ Companies, owned by owners and authority Robert L Johnson. It was named a 19th largest automobile play in a republic by Automotive News.

“Gary and Rusty Drewing have grown an superb group and one of a heading dealership groups in a Midwest,” pronounced Mark McLarty, Chariman of McLarty Automotive Group. “We are respected to continue that tradition of value that depends on so many gifted employees, and we are committed to ensuring a well-spoken transition that enables a dealerships to continue to offer a village and patron base.”

McLarty owns McLarty Automotive Group that has built heading dealerships in a United States, Brazil, China and Mexico.

According to Joe Machens Dealerships, Joe Machens BMW and Mercedes-Benz dealerships will sojourn in a tenure of a Drewing family. The association pronounced a franchises will turn BMW of Columbia and Mercedes-Benz of Columbia.

Joe Machens Dealerships has 4 categorical locations formed out of Columbia. The association reigned 18 years as a largest-volume play in a state of Missouri according to their website. Machens now owns 16 franchises.

MACHENS’ HISTORY
According to a website, Joe Machens Dealerships date behind to 1969, when Joe Machens non-stop his initial Ford authorization in Columbia. The dealership continued to grow in distance an repute via mid-Missouri as Gary Drewing assimilated a group in 1983 as a partner and ubiquitous manager.

By 1989, Machens had stretched to embody Audi, Porsche, BMW, Volkswagen, Honda and Toyota franchises. Joe Machens upheld divided in 1997 due to long-term illness. He upheld association tenure onto his partner Gary Drewing and his son Dave Machens.

Gary Drewing bought out Dave Machens half of a association and became a solitary owners of Machens Dealerships in 2006. By 2008, Machens tenure rose to 10 franchises with a inclusion of Mazda, Mercedes Benz, Cadillac and Pontiac. A year later, Machens totalled a sum practice to over 550 employees.

By 2010, Joe Machens Dealerships was a 11th largest employer in Boone County with 613 full-time staff members. Shortly after, Machens non-stop a initial dealership outward of Columbia, Capital City Ford. Machens many new business change was purchasing a Chrysler Dodge Jeep Ram authorization in 2013.

Article source: http://www.komu.com/news/joe-machens-dealerships-announces-sale-of-company/

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