Suburban Collection buys BMW, Mercedes dealerships in Ann Arbor
The Suburban Collection has acquired two more Michigan dealerships: BMW of Ann Arbor and Mercedes-Benz of Ann Arbor.
Suburban Collection, based in Troy, Mich., purchased the two dealerships from Charlotte, N.C.-based Sonic Automotive Inc. for an undisclosed amount.
The BMW and Mercedes-Benz dealerships widen Suburban’s footprint in Ann Arbor, giving it five stores in the city, and also bringing additional marquee brands to the dealership group’s portfolio, Suburban Chairman and CEO David Fischer said in a news release.
The dealerships will add another 75 total employees to the Suburban Collection, bringing its employee base to more than 2,000 people.
The deals follow Suburban’s purchase of Don Massey Cadillac in Plymouth and Capitol Cadillac of Lansing from Sonic two weeks ago, and its purchase of five other dealerships since early 2012: Suburban Fiat in Ann Arbor, Suburban Kia in Troy, Suburban Chrysler Jeep Dodge Ram in Garden City, Chrysler Jeep of Ann Arbor and Fresard Buick GMC, a truck dealership in Ferndale.
Suburban ranks No. 18 on the Automotive News list of the top 125 U.S. dealership groups with sales of 29,629 new vehicles in 2013.
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