Metro Toyota in Cleveland suburbs acquired by Victory Auto Group

Victory Automotive Group, a suburban Detroit owner of more than 50 car dealerships, has just added the long-established Metro Toyota of suburban Cleveland to its holdings.

Victory Toyota, the new name for the dealership in Brook Park, Ohio, is displayed on the former Metro website. Cuyahoga County land records show that Victory Automotive, through Cappo Real Estate Holdings LLC, paid $10.9 million on March 26 for about 5 acres containing the new- and used-car dealership. 

Automotive News ranked Victory Automotive 19th on its 2023 list of the 150 largest U.S-based auto dealership groups by 2022 sales with 28,534 new-car sales and 21,431 used-car sales. Victory owned 52 auto dealerships at that time.

The former Metro Toyota is Victory Automotive’s fourth dealership in Ohio, according to motor vehicle dealership licenses issued by the Ohio Bureau of Motor Vehicles.

Victory Automotive is privately held and led by founder Jeffrey Cappo. It represents 14 auto brands, according to its website. 

Metro Toyota dated from 1969, according to BMV records. Its previous owner, the Schneider family, received an award from Toyota in 2019 for 50 years of operating a dealership, according to Automotive News.

Steve Corle, director of the Plains region for the Tim Lamb Group, based in Columbus, Ohio, facilitated the transaction.

Multiple calls and emails to Victory Automotive in Michigan and a call to the dealership were not returned by midafternoon Friday.