Rosenthal Automotive Organization buys Honda, Acura, Mazda and Hyundai-Genesis dealerships

Sandler reported the dealerships would be renamed Honda of Abington, Hyundai-Genesis of Abington, Mazda of Abington and Acura of Abington.

“Our firm suitable now is on a trajectory to improve our organization and we’ve been actively buying dealerships a large amount in the previous few yrs,” George Liu, CEO of Rosenthal Automotive told Automotive Information. “We are however continuing on that path, so this distinct acquisition was a fantastic healthy due to the fact it consisted of manufacturers that we currently owned and it was a normal in shape.”

Liu stated Rosenthal prepared on creating facility updates to the retailers and employing training plans for workforce.

Sussman Automotive was relatives owned and operated in the Philadelphia spot for extra than 50 years prior to the sale, according to the company’s website. Sandler said when Sussman Automotive ultimately made a decision to offer, quite a few other automotive teams submitted bids, but Rosenthal in the long run won out.

“This is a household of venerated, legendary Philadelphia auto dealerships,” Sandler reported.

Sandler explained Bel Air Partners previously represented Sussman in a sale of a few of its New Jersey outlets to Group 1 Automotive Inc. in 2006.

Sussman Automotive retained possession of Sussman Kia in Roslyn, Pa., Sandler claimed.

Rosenthal Automotive of Reston, Va. also has dealerships in Virginia and Maryland. It ranks No. 105 on Automotive News’ list of the top rated 150 dealership groups centered in the U.S., retailing 9,638 new automobiles in 2021.