Penske Automotive owns two VW stores in the U.S. and 17 in the U.K., Northern Ireland and Germany, according to its website.
It has no plans to sell any of them. At the same time, it is not "actively looking" to acquire more VW stores.
In fact, a Penske spokesman hedged when asked if Penske would consider buying a dealership group that contained a VW store. There are too many factors to consider in such a deal, he said -- such as the group's other brands, profitability and locations -- to say whether VW being part of the mix would be a deal breaker.
Asbury Automotive Group Inc. owns one VW store in Georgia, about 20 miles north of its suburban Atlanta headquarters. COO David Hult said, "We would certainly look at a VW deal but it would clearly depend on the numbers, as it does with any acquisition."
In an email to Automotive News, Hult wrote that Asbury believes VW will work through this scandal. Asbury values its relationship with VW and looks to continue it, Hult wrote.
Sonic, of Charlotte, N.C., "wouldn't shy away" from buying another VW store if it is part of a purchase of a broad dealership group, Dyke said.
Sonic's Hatfield Volkswagen in Columbus, Ohio, and Volkswagen of Fort Myers in Florida are "performing fine," Dyke said. But Sonic has three VW stores in Houston struggling with new-vehicle sales, in part due to a dip in the overall market there because of the slowing oil industry. Those stores are surviving on used-vehicle sales and service work, Dyke said.