One-store Honda dealer Ryan Mayer has acquired three dealerships, including a Group 1 Automotive Inc. Kia outlet near the Mississippi Gulf Coast.
Mayer, owner and president of Tameron Gulf Coast dealership group of Daphne, Ala., bought the Pat Peck Kia store in D'Iberville, Miss., a store that Group 1 had owned since August 2006, according to Automotive News archives.
The transaction closed Monday. Group 1 confirmed the sale but declined to provide the terms of the deal. The store has been renamed Tameron Kia.
"We think Kia has got some incredible product and quite a few unique pieces in the pipeline," Mayer told Automotive News. "We just see that as a pretty exciting franchise."