| DEALERS ON THE MOVE | INDUSTRY NEWS | MISCELLANEOUS | ||
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For any car dealership transaction, add your name to our list of satisfied customers, call Nancap.
Hyundai of Oakville, Mr. Matthew Choi and Mr. Benjamin Leung. This dealership has been sold to Mr. Ronald Chan.
The following dealer has just passed away on Sunday January 17, 2010. Our sincere condolences to the family. Mrs. Bonnie Jaczynski, Roadsport Honda, 940 Ellesmere Road, Toronto, ON M1P 2W8.
Frank Lauriat Pontiac, 50 Benson Road in Port Hope, Mr. Frank Lauriat. This dealer has switched franchise to Hyundai.
Ab Cox Pontiac Buick, 305 East Wellington Street in Aurora. This dealership has switched franchise to Hyundai.
Pickering Suzuki, 970 Brock Road in Pickering, Mr. Alex Ber. This dealership has been sold to Mr. Suny Bains. Another transaction initiated and completed by Nancap.
Bruce Bissell Pontiac Buick, 201 West Bayly Street in Ajax. Dealership closed. Land and building sold to Ajax Mazda by Nancap.
Mr. Jason Armstrong to open up a brand new Hyundai dealership in Huntsville. Good luck to Jason and his team.
Ajax Mazda, 365 Bayly Street West, Roger
Jugdeo, has moved to new state of the art facilities at 201 West
Bayly Street in Ajax (formerly used by Bissell Buick). Another
transaction initiated and completed by Nancap.
Welland Toyota, 42 Darte Drive in Welland,
Mr. John Fleischman SR. This dealership has been sold to the George
Farlow family. Good luck to all in your new endeavors. Another
transaction initiated and completed by Nancap
Robert Reid, Reid Brothers Inc., Arnprior,
ON, Canada. Robert has passed the
reins of his dealership to his son Treyvor. Good luck to this young
man and to his team.
Stratford Mazda, 633 Erie Street South, Stratford, Mr. Charles Triemstra and Perry Triemstra. This dealership has been sold to Mr. Jeff Meek, Mrs. Trina Ganzert, Chris West and Tom Welker.Good business, good franchise but most importantly good people, all the ingredients for success. Good luck to all of you. Charles and Perry will focus on other endeavours while leaving this very succesfull dealership in good hands. Another Mazda transaction initiated and completed by Nancap.
Orangeville Honda, Highway #9 in Orangeville, Mr. Larry Doherty. This dealership has been sold to John Esplen's Humberview Group. Larry, Susie, Bob, Carol, Tom and Nancap wish the Esplen family and Brian Bone great success. Larry and his team are all staying on, for the time being, to work with this great Group and to assist with the next level of growth at Orangeville Honda and Orangeville Carstar.
Conlin Pontiac-Buick Limited, 10 Vanedward
Dr
Gary Stockie Chev Geo Ols Cadillac, Gary Stockie, 920 Ontario, Stratford, ON N5A 3K1. This dealership has been sold to Stratford Motor Products (1984) Ltd, 824 Ontario St, Stratford, ON N5A 3K1. This dealership now carries the Pontiac, Chevrolet and Cadillac franchises
Stedelbauer Chev-Geo-Olds Cadillac, W.R. Stedelbauer, 20 N Ottawa St, Kitchener, ON N2H 3K4. This dealership has been sold to Gary Stockie. W.R. is now semi-retired and is looking at helping small dealers with is wide knowledge of the business.
Doner Infiniti Nissan, Mr. Kent Doner, 17385 Leslie Street, Newmarket, ON L3Y 4X1. This dealership has been sold to AutoCanada. Congratulations to Pat Priestner and his group.
Carleton Ford Sales Ltd., 10441 Highway 7 We wish Mike and his team the very best in their new endeavour.
Hamilton Mitsubishi, 1515 Upper James Road in Hamilton. Mr. Steve Lewis and Ken Szekely, this is a new dealership. Good luck to Steve and Ken.
Sarnia Nissan, 1374 Exmouth Street
Hotte Automobile Inc. (Hawkesbury Ford),
700 Main street west, Hawkesbury, ON, Mr. Adélard Hotte, This
dealership has been sold to two former Ford employees, Mr, Allan
Côté and Stephan Hollander. Good luck to these youn men, the
dealership is in good hands
Town & Country Honda, owned and operated by the estate of Charles Watson, has been sold to Mr. Larry Lantz, formerly General Manager at Acura West, in London, Ontario. Larry will be acting as owner/operator and General Manager. All Department Managers are continuing on with the new ownership team. The dealership will now operate as Hanover Honda. Please join us in congratulating the Hanover Honda team on this new opportunity with Honda. Good luck to Larry
Ancaster Toyota, new Toyota dealership in Ancaster
located at 30 Mason Drive in Ancaster.
David Nicholls, Pickering Village Hyundai (781398
Ontario Ltd.) Ajax, ON. This dealership has been sold to the Hugh
Sisley Group (Sisley Honda). Congratulations to Hugh and his team
Mike Hutchinson Chev-Olds Ltd, Mike Hutchinson, 188 W Talbot St in Aylmer, ON, It is with deep regret we learn of the death of Mike Hutchinson, victim of an auto accident. A long time client of Nancap, we'll always keep a positive and constructive opinion of the man. Our most sincere condoleances to the family.
Welland Nissan in Welland, Ontario has been sold
effective April 1, 2007 to a group headed by Steve MacGregor and
James Collins. The dealership had been owned and operated by the
Riesebosch family for the past 19 years. Steve MacGregor is the
Dealer Principal in the Newco, and brings 25 years of automotive
experience (primarily in the Ottawa market) plus NADA GDMP training.
Copping Mazda, Highway #9 in Orangeville, Mr. Al Slattery and Sunny Bains. Mr. Slattery has sold his shares in Copping Mazda to Mr. Surjeet S. Bains. For Surjeet, this is a new venture as a "Dealer Principal''. Strong of a very successful experience as an executive of a large Chrysler dealership, coupled with the NADA teachings, Sunny his their motivated team should assure the success of this dealership. Another transaction initiated and completed by Nancap.
Shiv Dilawri of Ottawa growing fast. Shiv is now the sole owner of Bank Street Mazda, having bought his partner. The Mazda dealership is moving to the revamped 29,000 square feet facilities of former Donnely Pontiac sitting on 4 acres of land. Mistubishi will now occupy the former Mazda operations. All five dealerships, Mazda, Kia, Hyundai and Mitsubishi are now in Imaged facilities.
Oakville Toyota, 1091 Speers Rd in Oakville, Mr. Frank Apa. This dealership has moved to new state of the art 64,000 square feet facilities at 2375 Wyecroft Rd in Oakville.
York Volkswagen, 1950 Wilson Avenue in Toronto, Mr. John Leeder. This dealership is moving to new state of the art facilities. New address of this 28,500 square feet building is 600 Wilson Avenue.
Copping Mazda, Highway #9 in Orangeville, Mr. Hubert Copping. This dealership has been sold to Mr. Al Slattery and Sunny Bains .
Another transaction initiated and completed by Nancap. This is the second Mazda dealership Nancap has sold to Mr. Slattery, St.Catharines Mazda
Westwood Chevrolet, 5500 Dixie Road in Mississauga. This dealership has ceased its operations.
Par Hyundai, 248 Rexdale Boulevard in Toronto, Mr. Marious Nasirpour. This dealership has been sold to Mr. Robert Stein (Plaza Pontiac Buick). Congratulations to both Marious and Robert. Another transaction initiated and completed by Nancap
Albi Mazda, 3550 Bleriot in Mascouche, Mr. Denis Leclerc. The largest Mazda dealer in the World, over 4,000 new Mazda sold in 2005 and over 4,500 in 2006. This dealership has just proceeded to the opening of its new facilities which include showroom of over 100 new vehicles, 201 service bays with over 80 electric hoists. For the occasion, were attending, Don Romano (president of Mazda Canada ), Jim O'Sullivan (chief of operations Mazda North America, Shiro Yoshioka (Vice president research and development. Congratulations to Denis and his team.
West Hill Kia, 6515 Kingston Road in Scarborough. This dealership has ceased its operations.
Ultimate Suzuki, 1629 Wharncliffe Road South in London, Mr. Randy Collins, This is a new dealership offering the full line of automobiles, motorcycle, atv and marine Suzuki products.
Agincourt Mazda, 5500 Finch Avenue East in Scarborough, Mr. Michel D. Cheung. This is a new dealership they claim being the largest in Ontario
Schlueter Hyundai, 625 Davenport Road in Waterloo, ON. This is a new dealership and dealer is Dennis Schlueter. Good luck to the Schlueter Group with this new venture
Garden Motorcar, Mercedes franchise in Burlington with satellite location in Hamilton, Tim and Debbie Hogan. This dealership has been sold to Steven Lewis and Ken Szekely. Good luck to these experienced gentlemen.
George Lyons Motors Ltd, Chrysler franchise, 69 Dundas Street East in Napanee. This dealership has resigned the Chrysler franchise.
Oakville Mazda, 1291 Speer Road in Oakville, Bill Brown. This dealership has been sold and will be operated by Graham McNab. Another transaction initiated and completed by Nancap.
Jim Wilson opens up a new Pontiac dealership, Jim Wilson Pontiac Buick GMC, at 20 Mulcahy Court in Orillia. Congratulations to Jim for such an outstanding dealership
Summit Dodge Chrysler Jeep Limited, 10 Simona Drive in Bolton. This is a new state of the art dealership, property of Scott Vickers. Good luck to Scott and his team.
Mills & Hadwin Chrylser, 3080 Dufferin Street in Toronto, Mr. John Philips. This dealership has ceased its Chrysler operations and the facilities will be used for another automotive usage. Another transaction initiated and completed by Nancap.
Autoland Chrysler, 4060 Montrose Road in Niagara Falls, Mr. Stewart Graham. This dealership has ceased its operations.
Elgin Chrysler, 275 Wellington Street in St.Thomas, Mr. Jeoffrey Dietrich. This dealership has been sold to the Mike Stollery Group. Another transaction initiated and completed by Nancap. This is the second dealership sold to Mike Stollery by Nancap in the las two months. Good luck to Jeoffrey in his new endeavour and to the aggressive Stollery Group.
Bernie Clement, Vice-President sales and marketing, has left DaimlerChrysler Canada to take charge of Pembina Dodge. The best of luck to Bernie in this new challenge.
Kalbfleisch
Chrysler Inc.,
114 Erie Street, Stratford, ON, Mr.
P. Kennedy. This dealership has ceased its operations last week.
McNeil Motors, 1346 Bankfield Road in Manotick. Jim passed away in March 2006. Our sincere condolences to the family. Bruce McNeil is the dealer principal.
Barrie Nissan Inc. Drew Tilson bought this dealership from Robert Oakley in June 2002 who was then operating as Oakley Nissan. Drew just moved his operation to a new state of the art facility at 630 Veterans Drive in Barrie. Good luck to Drew and his team
Mr. John Hanson has brought together the two automotive dealerships that carry his name, the Pontiac-Buick-GMC dealer in New Hamburg and Hanson Chevrolet in Baden. The combined dealership now makes its home in an impressive renovated, 40,000 square feet state-of-the-art facility on Highway 7 & 8 in New Hamburg.
Mr. Tino Rossini, formerly dealer-operator of Mercedes Star One Motor of Ajax, has opened a luxury used vehicle operation called Strada Auto Store, at unit #10, 17915 Leslie in Newmarket. Good luck to Tino and his family.
Oxford County Hyundai, 78 Ingersoll Road in Woodstock, Amin Shamji. This dealership has been sold to Mr. Jerry Hussar and Valdemar Cunha. These gentlemen bring a long experience to the car industry and should be very successful in their new endeavours. Nancap is proud to have clients like Amin, Jerry and Valdemar.
Waterloo North Mazda, 115 Northfield Drive West in Waterloo, Mr. Hans Schinker. This dealership has been sold to Mr. Mike Stollery's Group. Congratulations to Mike and his team and happy semi-retirement to Hans. Another transaction initiated and completed by Nancap
McMillan & Saunders Volvo, Robert McMillan. This dealership has just moved to state of the art new facilities at 797 Bancroft Drive in Mississauga. This is interesting as the facilities meet all of the Volvo new Image Program. This dealership is now operating under the name "Volvo of Mississauga. Good luck to Robert and his team.
Petawawa Toyota, Petawawa, Jimmy Lapointe. This dealership have moved to new state of the art facilities at 1406 Pembroke Street West in Pembroke. Congratulations to Jimmy and his team. Kingston Hyundai, 523 Gardiner's Road in Amherstview. This dealership has moved to new state of the art facilities at 401 Bath Road in Kingston.
Provincial Chrysler
opened on September 19, 2005, at 1001
Provincial Road. Dave Bird and James BennetI are partners, with
Dave being
Eric Sutherland Pontiac Buick, 304 Arnold Street in Wallaceburg. This dealership has transferred the Pontiac Buick franchise to the other local GM dealer, Riverview Automobile Limited, Mr. John Fleischman, at 850 Murray Street in Wallaceburg. Excellent transaction for both parties.
Guelph Toyota, 635 Woodlawn Road in Guelph, Harold Cunningham. Our sincere condoleances to Harold's familly who passed away. This dealership is now under the ownership and direction of Barry Dohms. Best of luck to Barry.
True North Chevrolet Cadillac Ltd., Mr. Peter Schoen. This dealership is moving from 276 Lakeshore Drive in North Bay to brand new state of the art facilities at 1370 Seymour Street in North Bay. Congratulations to Peter and his team for their outstanding achievements. Nancap is proud to have such clients.
Strathroy Chrysler, 351 Caradoc North in Strathroy, Mr. Vince Lally. This dealership has ceased its operations.
Woodstock Toyota, new dealership just opened at 1327 Dundas Street in Woodstock.
Downtown Dodge Chrysler, 1030 King Street West in Toronto, Mick Daviduk. This dealership has ceased its operations.
QEW & 427 Dodge Chrysler, 580 Evans Avenue in Toronto, Mr. Ralph Chiodo. This dealership is to cease its operations as a Chrysler dealership as of Friday May 13, 2005.
Northtown Ford, 7120 Yonge Street in Thornhill, Mr. Harold Hadley. This dealership has ceased its operations as a Ford store.
St. Catharines Mazda, 176 Bunting Road in St. Catharines, Mr. John Swart. This successful dealership has been sold to Mr. Al Slattery. John will finally have more time to pursue other projects. For Al, formerly Slattery Ford, this is another exciting challenge for this young man. Good luck to both John and Al. Another transaction initiated and completed by Nancap.
Brantford Volkswagen, 131 Lynden Road in Brantford, M. Jerry Hussar. This dealership has been sold to Greg Moore, Darren Moore and Jeanette Leigh. Best of luck to Jerry in his new endeavours and this new aggressive team.
Simcoe Mazda now Orillia Mazda. Located at 600 Memorial in Orillia. This dealership has been acquired by Paul Volz and Stewart Fletcher. Best of luck to these gentlemen.
Central Chrysler Dodge Inc., 1001 Provincial Road in Windsor, Mr. John Sheldon. This dealership has closed down its operations. All customers are diverted to the other local Chrysler dealers.
Westown Chevrolet Oldsmobile, 430 Snyder Road East in Baden, Mr. Bill Stedelbauer. This dealership has been sold to Mr. John Hanson. The Baden location will operate as Hanson Chevrolet while the New Hamburg facility undergoes addition and renovation . The New Hamburg facility will ultimately include 2 showrooms ( 1 Chevrolet + 1 Pontiac Buick GMC ) and one Service , Parts , Body and Administration departments . The entire facility will be upgraded to GM Image 2000 standards. .
Dixie Toyota and Ideal Honda, 5500 Dixie Road East in Mississauga, Mr. Jim Middleton. These dealerships have been sold to Mr. Mario Toyotoshi. Best of luck to this aggressive group. These dealerships are now part of part of the Toyotoshi Group, a family owned global group of companies located in Paraguay, France, Puerto Rico, and now in Canada. The Toyotoshi Group employs in excess of 1,000 dedicated people.
Boltonview Dodge Chrysler Jeep, 11221 Highway 50 in Bolton, Mr. Ezio Palmieri. This dealership has ceased its operations. The facilities are available for another dealership.
Newport Motors Inc., Volvo, Suzuki and Subaru franchises, 375 Lake Road in St Catharines, Mrs. Reni De Verteuil. This dealership has closed its new vehicle operations and is now selling and servicing only used vehicles.
London City Chrysler Jeep Dodge, 1835 Dundas Street in London. This dealership has been sold to Mr. Ed Mackle and Brian Semkowski. Ed's family is moving back to Canada and more precisely to London. Best of luck to these agressive gentlemen.
New-Tec Chrysler Jeep, 538 Victoria Street East in Alliston, Mr. Paul Auty. This dealership has closed its Alliston operations.
Owasco Audi, Bob Verwey. This dealership has moved ot new state of the art facilities at 2100 Champlain Avenue in Whitby.
Owasco Volkswagen, Bob Verwey. This dealership has moved to new state of the art facilities at 2030 Champlain Avenue in Whitby.
Northwest Hyundai, 115 Auto Park Circle in Woodbridge, Mr. Lou Crkovski and Simon Yakubowicz of the Yorkdale Group. This is a new point of sale for Hyundai
Toronto Hyundai, announces its grand opening. Mr. Benny Leung and Ronald Chan. Tim Rodger, proudly presents the opening of his new dealership "Simcoe Chrysler Jeep Dodge Ltd."
Best of luck to Tim in this new challenge Avante Mazda, 11262 Yonge Street in Richmond Hill, Mr. Frank Serpa. This dealership has moved to refurbished facilities at 10414 Yong Street. Mazda on the expansion trail.
Maranello Sports Inc, Ferrari - Maserati franchise, Mr. Remo Ferri. This dealer has just opened a second point of sale at 101 Avenue Road in Yorkville.
Brantford Honda, 352 King George Road in Brantford, Mr. John Purkiss. This dealership has just moved to new state of the art facilities at 378 King George Road. Very agressive group.
Buchwald Motors Inc., 275 Wharncliffe Road in London, Mr. Paul Buchwald. This dealership has been sold to John Lecluse and his group. Congratulations to Mark McCarville the man now in charge of this dealership.
Gus Brown Pontiac Buick, 1201 Dundas East in Whitby, Mr. Gus Brown. This dealership has just expanded its Optimum used car business by acquiring and developing a huge property previously owned by Owasco Volkswagen. Located to walking distance from the Brown dealership, the completely renovated building includes a 75 car showroom and has outside storage for over 300 vehicles. The official opening took place on April 15, 2004 with the presence of the local notables and a good crowd of customers and friends. Best of luck to this young man and his team in this new endeavour.
Knight Chev Olds Cadillac, 31 Station Street in Belleville, Mr. Randy Knight and Arthur Carr. This dealership has been sold to Mr. Michael Boyer (Boyer Pontiac of Pickering) and Peter Smith. Randy and Arthur will focus their attention on their Belleville Hyundai dealership. This is a new challenge for Peter as Dealer Principal and co-owner and a normal progression for Michael's group of dealerships. It was an honor for Nancap to work with these people and we wish them all the very best in their new challenge.
Conlin Pontiac Buick GMC Ltd., 10 Vanedward Drive in Port Perry,Mr. Jim Conlin, used to operate under "Philp Pontiac Buick Limited".
Northway Ford Sales, 347 Colborne Street in Brantford, Mr. George Webb and John Henderson, co-owners. George, who was a respected car dealer, recently passed away. We offer our most sincere condoleances to George's family.
Yonge & 7 Chrysler Jeep, 8790 Yonge Street in Richmond Hill, Mr. Douglas Willson. This dealership is now the property of Paul Kaye of Erin Dodge of Streetsville. Douglas will remain the Landlord of the facilities. New operating name: Richmond Hill Dodge Chrysler. Best of luck to both these fine car people.
Edmonds Chev-Olds, Pontiac Buick GMC, 40 Cairns Crescent in Huntsville, Mr. Ward Edmonds. This dealership has moved to new state of the art facilities at 138 Haines Road in Huntsville.
Casselman Nissan. New Nissan dealership in Sarnia. Located on Exmouth Street, this new dealership has been operting in a trailer for the last eight months and has now moved to new state of the art facilities. Jack Casselman is the man to promote the brand is Sarnia.
R.A. Miller Motors Ltd., Ford franchise, Mr, Norman Miller, 229 Furnival Road in Rodney. This dealership has been sold to Stacey Wilkins and Scott Elliott.
Avante Mazda, 11262 Yonge Street in Richmond Hill, M. Frank Serpa. This is a new selling point for Mazda in these state of the art facilities.
Barker Pontiac Buick, 456 Stewart Street in Renfrew, Mr. Robert Barker. This dealership has been sold to the MacKenzie family of Renfrew.
MacKenzie Motors Ltd. will now carry the Pontiac, Buick, Chevrolet and Oldsmobile lines under one sale point at 547 New Street in Renfrew. Robert Barker will keep operating his body shop business at its actual location. Brian MacKenzie was one of the first Nancap's customers 13 years ago and still is today.
Lauria Pontiac Buick Ltd, 152 Peter Street in Port Hope, Mr, Frank Lauria. This dealership has moved to brand new state of the art facilities adjacent to the 401 in Port Hope and located at 50 Benson Court. Excellent visibility for General Motors and this dealership.
Elliott Chevrolet Oldsmobile, 185 Robertson Road in Nepean, Mr. Carl Elliott. This dealership has been sold to Mr. Hank Mews. The general manager will be Bill Osborne, son in law of Hank. Best of luck to this aggressive group.
Philp Pontiac Buick Limited, 10 Vanedward Drive in Port Perry, Mr. Bryce Philp and Joe Bessada. This dealership has been sold to Mr. Jim Conlin on December 1, 2003. We want to wish the very best to Bryce who is semi-retiring in his native town of Belleville. Joe intends to take a short break and return to the industry. As for Jim, a young agressive man with good experience who, with the support of an excellent team, should bring this dealership to new heights. It was an honor for Nancap to work with such a nice group of people.
Reopening of a Chrysler dealership in Trenton. Mr. Jason Spelmer, formerly general manager of Tower Ford Truck Sales of Mississauga has just been granted the Chrysler franchise for Trenton. This agressive young man, armed with a good education and experience should make a success of this enterprise and be an excellent representation of the Chrysler products in the region. Dealership is scheduled to open up on December 15, 2003. Best of luck to Jason and his team.
New automall of 12 new dealerships in Kanata, West of Ottawa near the Corel Center. Construction has just started. Owners are all Ottawa car dealers expanding their business in this vibrant and growing area of high technology. Good news for the consumers.
Land Rover Waterloo, new retail outlet for Land Rover, 533 King Street North in Waterloo. Best of luck to David Kassik C.H. Davidson Motors Ltd, GM franchise, 505 Grand Road in Cambellford Ontario, Mr. Chuck Davidson. This dealership has been sold to Mr. Scott Drummond. Congratulations to Scott and best of luck in this new endeavour.
York Volkswagen, 1950 Wilson Avenue in Toronto, Mr. Douglas MacIver and Michael Buckberrough. This dealership has been sold to Mr. John Leeder. Congratulations to John and best of luck to his team.
Acton Vale Chrysler, of Acton Vale, Mr. Jacques Milot. This dealership is closing down its operations.
Gervais Dodge Chrysler, 333 Rideau in Rouyn. This dealership has declared bankruptcy and has permanently closed shop.
Oakville Honda, 191 Wyecroft in Oakville, Cars4U.com. This dealership has been sold.
Courtesy Chrysler, 2300 East Tecumseh Boulevard in Windsor, Mr. John Penner. This dealership has been sold to Mr. Terry Rafih of Windsor (Overseas Motors: Jaguar, Land Rover, Mercedes, BMW, Toyota) and Performance Ford which is the largest Ford dealership of retail units in Canada. Very aggressive and successfull team.
Downtown Mitsubishi, 540 King Street West in Toronto, Mr. Samir Akhavan. This dealership has permanently terminated its operations on August 22, 2003. Some highly qualified personel available, call Samir directly at (416) 601 1212
Ray Tuffin Pontiac Buick GMC, Highway 81 N in Strathroy. This dealership has been sold to Dale Wurfel and now operates as Dale Wurfel Pontiac Buick GMC and located at 28478 Centre Road in Strathroy.
Decarie Chevrolet Oldsmobile, 925 Laurentian in Ville Saint-Laurent, Mr. Daniel Descôteau. Closing August 29, 2003.
Belzile Auto Inc., Chevrolet Oldsmobile, 600 Jean-Rioux in Trois-Pistoles, Mr. Jean-Paul Belzile. Closing October 6, 2003.
Gohier Pontiac Buick Inc., 3333 Jarry East in Montreal, Mr. Michel Gohier. Closing September 26, 2003.
Automobiles Silver Star, 4844 Taschereau Boulevard in Greenfield Park, Mr. Sam Eltes. This Mercedes dealership has been sold to Mercedes Benz Canada. Mr. Eltes is still the owner of the Montreal and St-Hyacinthe Mercedes dealerships and of the St-Hyacinthe Volvo.
Parkwood Chev Olds Cadillac, 291 Lakeshore East in Toronto, Mr. Paul Stern. This dealership has been sold to Mr. Richard Chamberlin and will now operate under Somerset Chev Olds Corvette. Mr. Stern owns Toronto Dodge and North Pointe Chev Olds of Toronto. Somerset is a Dean Myers Company.
Cadillac Hummer of London Inc., Mr. Ken McMaster and Brian Finch, 600 Oxford Street West in London. This first and unique exclusive Cadillac and Hummer dealership just opened up in London. Best of luck to Ken and Brian and their team.
Ste-Foy Dodge Chrysler of Quebec City is the first victim of the still ongoing 7 month lock out of the unionized employees of the 28 unionized car dealerships of that City. The collective agreement negotiations have just resumed. The dealer principal was Gilles Lapointe and the dealership closed its operations Friday June 27 2003. Who is next?
Lindsay Pontiac Buick Ltd. 150 Angeline North in Lindsay, Mr. John Lindsay. John has just passed away on June 8 2003. Our most sincere condoleances to the whole family.
Burlington Hyundai. New dealership for Hyundai, 2016 Plains Road East in Burlington, M. Vince Jones. Best of luck.
Le Duc Pontiac Buick, 115 Bay Street in Embrun (East of Ottawa), Mr. Leo Leduc. This dealership has been sold to Laplante Chevrolet Oldsmobile of Casselman. Both dealers have been long time customers of Nancap. Happy retirement to Leo and best of luck to an aggressive Jacques
Freeway Ford Sales Ltd., 1780 Markham Road in Scarborough, Mr. Don Gleed. This dealership has a new owner "Scarborough Automotive Group" directed by Rai Sahi.
Newmarket Honda, 17315 Yonge Street in Newmarket, Mr. Doug Moshoian. This dealership has moved to new state of the art facilities at 75 Mulock Drive in Newmarket.
Team Chrysler Dodge Ltd., 5500 Dixie Road in Mississauga, Mr. Eric Sim. This dealership has been sold to Mr. Barry Gray.
Pointe-Claire Chrysler Ltd., 335 Brunswick in Pointe-Claire, Mr. Paul Pytel. This dealership has been sold to Mr. Luc Soucy and Charles Gagnon. After 47 years in this industry, Paul who is well known by the Chrysler community of Ontario, will take a well deserved retirement. Luc Soucy is a family member of Sterling Ford of Ottawa, Transit Ford of Plantagenet, Soucy Ford of Rockland and Terrebonne Ford. Congratulations to these long time Nancap's customers.
Roy's Chevrolet Oldsmobile Cadillac Inc., Highway 34 in Green Valley, Mr. Bob Labonte. This dealer deceased following a short incurable disease at the very young age of 44. Our most sincere condoleances to the family and especially to his wife Diane Godbout.
Renfrew Chrysler, 376 O'Brien Road in Renfrew. New owner Michael Coulas.
Brantford Volkswagen, 131 Lynden Road in Brantford, Mr. Michael Sims and Jerry Hussar. Jerry has bought his partner and is now the sole owner of Brantford Volkswagen.
Williams Chevrolet Oldsmobile Cadillac, 950 St-Joseph in Hull, Mr. Frank H. Williams. This dealership has been sold to Mr. Andrew McGurn (Surgenor of Ottawa). Congratulation and best of luck to this young aggressive man and his team.
Pembroke Nissan and Mazda, 1375 Pembroke West in Pembroke, Mr. Clayton Poirier. It is with deep regret that we were informed of Clayton's death following along disease. Clayton was one of our Nancap's first customer twelve years ago and one of our best promoter of our services. We'll miss him very much and we offer our most sincere condeleances to the family.
Budds' BMW, 1471 Upper James Road in Hamilton, Mr. Darryl Budd. This is a new dealership filling an open sales point for BMW. 20,000 square feet building , 7 vehicles in showroom, 6 service bays.
Parkview BMW, 1155 Leslie Street in North York. Mr. Terry Rafih (Overseas Motors of Windsor). New dealership filling an open sales point. Building of 61,500 square feet, 22 vehicles on display, 17 service bays and 7 drive-thru bays.
Windsor Toyota, 1620 Sylvestre Street in Windsor, Mr. Richard Marentette. This dealership has been sold to Mr. Terry Rafih (Moe Campbell Ford, Overseas Motors, etc.). Rapid expansion for an aggressive operator like Terry. Best of luck.
Dryden Chevrolet Oldsmobile Ltd. 489 Government Street in Thunder Bay, Mr. Frank Covello. This dealership has been sold to Mr. Nick Beyak.
Whiteoak Ford Lincoln Sales Ltd. Mr. Ron Loveys. This dealership has moved from 250 West Dundas Street in Cooksville to new facilities at 3285 Mavis Road in Mississauga.
M & C Motors Limited, 4 GM franchises, 401 Main Street in Atikokan. Frank Covello is the new owner of this dealership.
North Toronto Mazda, 7079 Yonge Street in Thornhill, Mr. Carl Ritter. This dealership has been sold to Mr. Frank Serpa. Best of luck to Frank and his team.
Wildwood Ford Sales Ltd. 1167 Kingston Road in Ajax, Mr. Ed Estreicher. The new owner of this dealership is Lou Crkovski.
Precision Mazda, 488 Bath Road in Kingston, Mr. Fausto Di Tomasso. This dealership has been sold to John Laframboise (Kingston Dodge Jeep). Congratulations to this young man full of energy and talent.
Stevens Lincoln Ford Sales, 125 Centennial Road in Kitchener. This point of sale was closed and the business transferred to Parkway Ford Sales at 455 King North in Waterloo (Ian Cowles)
Sisley Motors Limited, formerly at6167 Yonge Street in Willowdale, Mr. Hugh Sisley. This dealership has moved to new state of the art facilities at 88 Steeles Ave. West in Thornhill. Best of luck to the whole team in these new impressive facilities Polito Ford Lincoln Sales Ltd., has moved from 67 Queen Street in Linday to 2 Harvest Street in Lindsay. Dealer: Anthony Polito.
Colonial Chev Olds, 17755 Yonge Street in Newmarket, Mr. Les Kensit. This dealership just moved to expanded facilities of 27,500 square feet on 4.1 acres of land at 18100 Yonge Street. Odl facilities now used for a Shoppers Drug Mart.
Town + Country BMW, Mr. Jim Cochrane. This dealership has moved to very modern and huge facilities at 8111 Kennedy Road in Markham. This dealership also handles the Mini.
Paul Cornies Ford Lincoln Sales Ltd., Mr. Paul Cornies. This dealership has moved from 1045 Richmond Street in Lindsay to 370 Richmond Street.
New Mercedes-Benz dealer in Mississauga. Mercedes-Benz Mississauga, corporate store, 6120 Mavis Road in Mississauga, just south of the 401. Worth the trip to visit these extraordinary facilities.
Durham Mazda, 1250 Dundas in Whitby, Mr. Carl Ritter. This dealership has been sold to Mr. Domenic Mesiano and Peter Heasty. Best of luck to these aggressive young fellows.
Sterling Ford Sales (Ottawa) Inc., 1425 Ogilvie Road in Ottawa, Mrs. MaryAnn Bernard and Mr. John Mierins. This dealership has been sold to an aggressive young dealer Mr. Claude Soucy. Claude is also the proud owner of Soucy Ford Sales of Rockland. Best of luck to Claude and his team.
Acacia Motors, Hyundai franchise, 595 St-Laurent Blvd. in Ottawa, Mr. Arnier Mierins. This dealership has been sold to Mr. Greg Stewart. This dealership is to move to brand new facilities in Orleans in the next 15 months. .
Agincourt Hyundai, 4910 East Sheppard Ave. in Scarborough, Mr. Jim Campbell. This dealership has moved to 80 Automall Drive in Scarborough with a new owner Mr. Sam Koundouros. Congratulations and best of luck.
Mount Forest Ford, 198 Main Street North in Mount Forest, Mr. John Roberts. This dealership has been sold to Mrs. Suzanne Hall (MacMicking Ford of Hanover). After nine months of negotiations leading nowhere, these people called on Nancap and the transaction was completed to all parties satisfaction withing a few weeks. Congratulations to Herb and Suzanne and best of luck.
Johnson Volkswagen, 359 Woodlawn Road West in Guelph, Wayne Johnson. This dealership has been sold to Jeffrey Taylor and will operate under Guelph Volkswagen
Essex Auto Sales Ltd, Pontiac Buick franchise, 548 West County Road in Essex, Mr. Len Morel. This dealership has been sold to Jerome Taylor Jr. Pontiac Buick of Windsor. Congratulations to Jerome and his very agressive team.
InterCity Ford Sales Ltd., 894 Copper Crescent in Thunder Bay, Paul Wickett. Dealership operates as a satellte and is part of Pinewood Ford Lincoln Limited of Mr. Elmer Klock.
Cambridge Volkswagen, 275 Hespeler Road in Cambridge, Ron Sheppard. This dealership has just been sold and the general manager is Justin Nesbitt.
Pineridge Ford Mercury Sales Ltd, 597 O'Brien Road, in Renfrew. Mr. Dough Heeney. This dealership has closed its operations. There is no Ford dealership left in Renfrew.
Reaume-Jones, Chev Olds franchise, 500 Front Street in Windsor, Mr. Ed Jones and Steve Reaume. Ed Jones has retired and Steve Reaume is now the sole owner of this dealership.
Michael Davies Chrysler Ltd., 164 Robertson in Nepean. This dealership has stopped selling Chrysler vehicles. It now sells Hyundai products
Moe Campbell Ford, 1150 Provincial Road in Windsor. This dealership will now operate under the name "Performance Ford". The owner is Terry Rafih and the general manager is Steve Virag (formerly for the Scotia Bank)
Transit Ford, Highway #17 in Plantagenet, Mr. Gilles Soucy. After 37 years of successfully retailing Ford products, Gilles decided to hang up his skates and start devoting all his time to his family and hobbies. The dealership in Plantagenet has then been closed. Mr. Soucy's two sons operate two Ford franchises, Rockland and Terrebonne. The Plantagenet facilities, including 200,000 square feet of land and a very modern building are available for leasing or buying.
Kingchurch Nissan, 375 West Bayly Street in Ajax, Mr. Ken Fai Fung. This dealership has been sold to Mr. Jim Sullivan (Pickering Honda, Acura East). Best of luck to this young and agressive entrepreneur.
Mike Dupuis of Performance Motors (Ottawa) and Orleans Dodge Chrysler, has suffered a heart stroke and passed away. Our sincere condoleances to the family
Moe Campbell Lincoln Mercury, 1150 Provincial Road in Windsor, Mr. Moe aand Ted Campbell. This dealership has been sold to Mr. Terry Rafih (Overseas Motors of Windsor). Best of luck to Terry and his aggressive team in Canada's largest Ford dealership.
It is with deep regret that we learned the death of Rosalind Drewery's husband John. Our most sincere condoleances to Rosalind.
Cornwall Motors Inc., Pontiac - Buick franchise, 2125 Brookdale in Cornwall, Mrs. Rosalind Drewery. This dealership has been sold to Mr. Mike Benoit and his two partners. Mike is not a stranger at this dealership as he used to work for Marcel Bélanger who now owns a GM dealership in Orleans. Best of luck to Mike and his team.
Tomlinson Pontiac Buick, 9612 Yonge Street in Richmond Hill, Mr. David Tomlinson. This dealership has been sold to Mr. Michael Croxon (North York Chev Olds)
Smith Falls Nissan, Highway 15 South in Smith Falls, Mr. John Hinton. This is a new Nissan dealership operating in a 5,400 square feet building on a property of 2 acres. Mr. Hinton also owns and operates Hinton Pontiac Buick in Perth. Still lots of energy and drive in John. Embrun Dodge Chrysler, 700 Notre-Dame in Embrun, ON, Mrs. Lucie Lapointe. This dealership has been sold to Mr. Gary Ethier. Best of luck to Gary.
Intercity Ford Sales, 894 Copper Crescent in Thunder Bay, Mr. Paul Wickett. This dealership has been purchased by Mr. Elmer Klock of Pinewood Ford Lincoln Limited at 640 Memorial Avenue of Thunder Bay. The body shop and used vehicle operations will be carried out from the old Intercity facilities. The general manager of both operations is Dan Henderson.
Maranello BMW Opens New Location in Woodbridge, Ontario.
New state of the art Toyota dealership: Newmarket Toyota, located at 1171 Davis Road in Newmarket. The proud owner of this dealership is John Chapman. Facilities of 25,000 square feet on a property of 4.8 acres. An excellent addition for Toyota and for John who also owns Aurora Toyota. Best of luck to this young man and his aggressive team.
Hammer Group, (BMW Downtown Toronto etc.), has acquired its ninth Province of Quebec dealership. St-Leonard Nissan, 7777 Colbert in Montreal, Mr. Claude Dubois, Stéphane St-Louis and Marc Binet. Congratulations to the aggressive Hammer team and good semi retirement for Claude Dubois.
Weir of Collingwood, 143 Hume Street in Collingwood, Volkswagen franchise, Mr. Don Parkes. This dealership has been sold to Mr. Kirk Hochrein.
Robert Evans Chev Olds Ltd. 54 Kinston Street in Goderich, Mr. Robert Evans. This dealership has been sold to Mr. Paul Kechnie and will now operate under "Paul Kechnie Chev Olds"
Farkouh Chevrolet Oldsmobile Ltd. 24 Hillside Dr. South in Elliot Lake. Mr. Farkouh just passed away and the dealership is temporarily operated by his daughter Laila Farkouh. Our sincere condoleances to the family.
North End Nissan, 600 Martin Street in Milton, Mr. Norman Coulter. This dealership has been sold to Peter Herman.
East Court Ford, 4700 East Sheppard Ave. in Toronto, Mahinder Tandon's Estate. This dealership has been sold to Mr. Ray Sahi Scarsview Chrysler, 951 Milner in Toronto, Mahinder Tandon's Estate. This dealership has been sold to Mr. Ray Sahi and Mr. Sudhir Chopra New Lexus dealership , Lexus of Richmond Hill, located at 11552 Yonge Street in a new 36,000 square feet building.
Trenton Chryrsler Plymouth Ltd, Highway 33 in Trenton, Cars4U.com. This dealership has been sold to Mr. Brian Kenny. Refocusing of effort for Cars4U and an excellent opportunity for a very aggressive Brian.
London Motor Products Ltd, Pontiac and Buick franchise, 640 North Wonderland Road in London, Mr. Bob Bailey. This dealership has been sold to Mr. Ken Macmaster. Happy retirement to Mr. Bailey and best of luck to Ken.
Cyrville Chrysler Plymouth Ltd. 900 St-Laurent Blvd. in Ottawa, Mr. Adrien Cyr. This dealership now also sells the Jeep products. Mr. Cyr took the occasion to transfer the torch to his children Martin who becomes president and Danièle who becomes vice-president.
Paterson Pontiac Buick Cadillac Ltd., 21 South, Matchedash Street in Orilia, Mr. Dick Paterson. This dealership has been sold to the Williamson group of Uxbridge. Well deserved retirement for Dick and his lovely wife. Hammer Group, (Downtown BMW etc.) has purchased a second Honda dealership in the Province of Quebec, St-Jean Honda at 400 Laberge in St-Jean, the first one being Garage Civic on the West Island of Montreal. Mr. Walter Schafer will focus all his attention and energy to his three farms.
Duke Waller Motor Sales, 345 Ontario Street in Sarnia, Mercedes franchise. This dealership has closed its operations and all customers will be serviced from the London dealership. The vacated facilities are available Carleton Place Chrysler, 327 William Street in Carleton Place, Mr. Michael Daw. This dealership has permanently closed down its operations. Michael is offering his services to dealers in the Ottawa region Autohaus Georgetown, 199 Guelph Street in Georgetown, Volkswagen franchise, Mr. Conrad Buy. This dealership has been sold to Mr. Richard Steckly. Good luck to Richard in his new endeavour.
Central Pontiac Buick Inc, Lacadie Blvd. in Montreal, Mr. Jean Bourassa. This dealership has permanently closed down its operations.
Grant Toyota, 1515 Pitt Street in Cornwall, Mr. Roger Grant. This dealership has been sold to the George Stockfish Group.
Cornwall Honda, 1200 Brookdale Ave in Cornwall, Mr. Roger Grant. This dealership has been sold the George Stockfish group. Kingston Honda, 2392 Princess Street in Kingston, Mr. B. Calder. This dealership has been sold to Mr. Carl Sytema (Hunt Club Honda of Ottawa)
Rodger Grant Chrysler, 2205 Vincent Massey in Cornwall, Mr. Rodger Grant. This dealership has been sold to Mr. Jack Notman and now operates under the name of Notman Chrysler.
Wilhelmy Chev Olds Cadillac Ltd. 160 Brien in Repentigny, Mr. François Wilhelmy. This dealership of over 1,000 vehicles per year has closed down its operations on June 28, 2001.
Versailles Ford, 4650 Jean-Talon Street East in Montreal. This dealership has closed down its operations on June 27 2001.
An additional Mercedes-Benz dealership in the Greater Toronto Area. This company-owned store is located on Mulock Drive between Yonge and Bayview, in Newmarket. The 14,000 square-feet facility is located on a 1.7 acre of land. This brings to 11 the number of company operated dealerships in Canada, 4 in Vancouver, one in London, five in Toronto and one in Newmarket Gus Revenberg Pontiac Buick, 10150 East Tecumseh Road in Windsor. This dealer has purchased Windsor Volkswagen and opened up a new Nissan dealership again in Windsor.
Paterson Pontiac Buick Cadillac Ltd., 21 South Matchedash Street in Orillia, Mr. Dick Paterson. This dealership has been sold to Mr. Douglas Ross and Sandy Williamson.
Dominic Auto Sport, Mazda franchise, 4787 Bourque in Rock Forest, Mr. Dominique Dallaire. This dealership has been sold to Mr. Daniel Beaucage.
Park Avenue Chev Olds, 5000 Jean-Talon East in Montreal, Mr. Paul Hayes. This dealership has ceased its operations.
Belleville Hyundai. This is a new dealership and a new selling point for Hyundai, located at 51 Station Street in Belleville. The dealers are Randy Knight (Chev Olds dealer in Belleville) and Art Carr.
Savignac Chrysler, 671 St Thomas in Joliette, Mr. Jacques Savignac. This 53 year old dealership has been sold to Christian Le Roux Holdings Inc. Another transaction initiated and completed by Nancap.
New Volvo dealership, Volvo of Durham, 984 Kingston Road in Pickering, Mr. Rory O'Connor general manager.
Don McCurdy Chev Olds., 89 Belleville Road in Stirling, Mr. Don McCurdy. This dealership has moved to a new location at 174 Highway 33 in Trenton in brand new facilities. The body shop in Stirling remains open.
Pickering Honda, 970 Brock Street in Pickering, Mr. Jim Sullivan. This dealership has just moved to state of the art facilities to 575 Kingston Road in Pickering. Dealership poised for the 21st. century.
City Ford Ltd., 10414 Yonge Street in Richmond Hill, Mr. John Carmichael. This dealership has closed down its operations.
Sun Valley Chrysler, 1352 Exmouth in Sarnia. Mr. David Morrison. Mr. Morrison has decided to retire and sell his dealership. We wish David and his family a happy retirement. Another transaction initiated and completed by Nancap.
Elite Chrysler, 1138 Highway 220 in Orford. Mr. Yvon Beliveau. This dealership has been sold to Mr. Robert Bilodeau. Another transaction initiated and completed by Nancap Tower Ford Truck Sales Ltd., 800 Gana Crescent in Mississauga, Ford and Sterling truck franchises, Mr. William Spelmer. Mr. Spelmer has ceased operating the Ford franchise and the Sterling franchise operation has been sold to Toromont.
Phoenix Mercury Lincoln Sales, 1 Malcolm Road in Guelph. This dealership has ceased to operate. All business has been transferred to remaining Ford dealer, Pitman Wayne Ford Sales, located at 895 West Woodlawn Road in Guelph. Owner is Wayne Pitman Mich-O-Tomobile, Jean XXIII Blvd. in Three Rivers, Ford franchise, Mr. Raymond Trudeau. This dealership has declared bankruptcy and is now closed. No more Ford representation in this 100,000 people City.
Voiturier Ford, 1261 King Street West in Sherbrooke, Mr. Richard Ouellet. This dealership has closed its doors.
Westboro Auto Imports Ltd, Land Rover division, 245 Richmond Road in Ottawa, Mrs. Tania Koller. The Land Rover division of this dealership has been sold to Mr. John Mierins Jr. The sale became a necessity due to manufacturers demanding stand alone facilities of their own. Land Rover for Ottawa is now located close to St-laurent Blvd. and the 417. Another transaction initiated and completed by Nancap.
Chambly Dodge Chrysler, 1700 Perigny Blvd. in Chambly. Mrs. Carole Dallaire and Mario Rivest. This dealership has been sold to Mr. Patrick Fournier and Pierre Ruel. Another transaction initiated and completed by Nancap.
Grant Dodge Chrysler, 2205 Vincent Massey Road in Cornwall, Cornwall Honda, 1200 Brookdale Ave. in Cornwall, Grant Nissan, in Cornwall, Mr. Rodger Grant. All these dealerships have been placed in receivership and are being sold by the trustee.
Alexandria Ford Sales Ltd, Highway34 in Alexandria, Mr. Ted Hudson and Sherry Hudson. This dealership has been sold to Mr. Sean Maloney of Miller Hughes Ford Inc. of Cornwall. All three recent transactions made by Mr. Hudson were made through Nancap. Alexandria Ford will now operate as a satellite of Cornwall.
Mont-Laurier Ford, 2076 Paquette in Mont-Laurier, Mr. Jean-Pierre Ouellet. According to Mr. Ouellet, Ford Canada has terminated his Ford franchise agreement as he did not want to cancel his heavy truck Kenworth franchise. This dealership is closing doors on February 5, 2001.
New Hyundai dealership in Cornwall. Located at 628 Pitt Street, the owners are Claude Chabot and Claude Bourgon. Good luck in their new endeavours.
Mich-O-Tomobile, Jean XXIII blvd, in Trois-Rivières, Ford franchise, Mr. Raymond Trudeau.This dealership is experiencing critical financial problems and has sought the protection of the Court.
New Mazda dealership in Brossard. Brossard Mazda to be located in former Daewoo facilities, owner Normand McGrail.
Trepanier Automobiles Inc., Ford franchise, in Huntingdon, Mr. Sylvain Trepanier. This dealership has closed down its operations.
Automobiles Roger Bernard Inc, Ford franchise, 30 Don Quichotte in Ile Perrot, Mr. Roger Bernard. This dealership has declared bankruptcy and has closed down.
Brossard Daewoo,
9200 Taschereau in Brossard, Mr. Jeannot Racine. This
dealership has closed its operations. Carleton Place Mazda and Code Motors Ltd. of Carleton Place on Highway #7, have closed down their operations.
Mr. Dieter Hammer, owner of numerous car dealerships in Toronto and Montreal, has just acquired a large Mazda dealership in Laval QC, "Quérin Mazda" located at 1530 Chomedey Blvd.
Braden Ford Sales, 25 Eleanor Street in Brockville, Mr. John Braden. This dealership has been sold to Mr. Joseph Edward Hudson. Mr. Hudson is also the owner of Alexandria Ford. A well deserved semi-retirement for John and his wife Sue. An exciting new challenge for Joseph Edward. Both acquisitions by Mr. Hudson, Alexandria and Brockville, were made through Nancap. Two transactions initiated and completed by Nancap Houle Nissan, 4100 Gascon Road in Terrebonne, Mr. Yves Houle. This dealership has been sold to Mr. François Grenier. The dealership will now operate under the name "Grenier Nissan". Another transaction initiated and completed by Nancap.
Oakridge Ford Sales (1981) Limited, 601 Oxford West in London, Mr. Daryl Wilkins. This dealership has been sold to Mr. Emain Kadrie. Best of luck to Mr. Kadrie in this new endeavour.
Durham Mazda, 1200 Dundas Street East in Whitby, Mr. David Sorichetti. This dealership has been sold to Mr. Magdi Nicholas. Best of luck to Magdi.
Peninsula Ford, Owen Sound, Mr. Tony Carson. This dealership has been sold to Mr. Kelly Jennings. Congratulations to Kelly and good luch to Tony in his new endeavours.
Mohawk Pontiac Buick (1974) Inc., 141 King George Road in Brantford. This young man has sold his dealership to Mr. Robert Bailey to Ray Cullen Chev. Olds. of London. Happy retirement to Robert.
Benton Fry Ford Sales Ltd, 321 Front Street North, Belleville, Mr. Benton Fry. Belleville Ford Lincoln Sales Ltd, 30 College Street West, Belleville, Mr. Patrick Butler. These two dealerships have consolidated their operations into one selling point. Benton Fry Ford Sales has purchased the assets of Belleville Ford Lincoln. Another transaction initiated and completed by Nancap.
Capital Dodge Chrysler Ltd, 1554 Carling in Ottawa, Mr. Richard Davies. This dealership has been sold to Mr. Fred McKinlay and Mr. James Durrell. Mr. Durrell is the former mayor of Ottawa. Best of luck to the whole team and a well deserved retirement for Mr. Davies. Nancap is proud to have participated in the sale of this dealership.
Loyalist Mazda, Highway #2 West in Belleville, Roger Lichty. This dealer has opened up an auto mall on Millennium Parkway in Belleville. He has moved his Mazda store at this new state of the art building and extraordinary location. Good time for a change in name, the dealership is now called "Bay Mazda". Roger has also added the Subaru franchise "Bay Subaru" and is in the process of erecting the new building for this franchise to be located adjacent to the Mazda store. Other dealerships are expected to move to this new location in the short term. Congratulations to this young entrepreneur and his team.
Embrun Dodge Chrysler, 700 Notre Dame Streeet in Embrun, Mr. Paul Brisson. The new dealer principal is now Mrs. Lucie Lapointe.
Herron Chevrolet Oldsmobile, 1525 Dundas Street East in Cooksville, Mr. Robert Herron. This dealership has been sold to Mr. Clark Addison. The dealer principal is Bernie Bianchi. Best of luck to all these people.
Marathon Ford Sales, 134 East Talbot Street in Leamington, Mr. Frank Meloche. This dealership has closed down. No open point for Leamington.
Orleans Dodge Chrysler, 1472 Youville Drive in Orleans, Mrs. MaryAnn Bernard. Mr. Mike Dupuis is now the invested dealer principal of this dealership. This dealership will be added the Jeep franchise in September 2000. Best of luck to Mike in his new functions.
Boulevard Suzuki, 3190 Cusson in St-Hyacinthe, Mr. Roger Menard. This dealership has been sold to Mr. Marc Perras and Mr. Michel Gagne. Congratulations to these gentlemen for their third dealership in a short period of time. All three acquisitions initiated and completed by Nancap. Three transactions initiated and completed by Nancap.
Central Toyota, 40 West Metcalfe Street in Strathroy, Mr. Don Bae. This dealership has ceased to operate completely.
Performance Mazda, 1396 Windmill Lane in Gloucester, Mr. Stan Bernard. Mr. Mike Dupuis is now the invested dealer principal of this dealership.
Lachine Ford, 3175 Victoria Street in Lachine, Mr. Alain Barrette. This dealership is now closed. The custoemers will now be serviced by Lasalle Ford on Newman Blvd. in Ville LaSalle.
Laroche Auto Inc., Mr. Robert Laroche, Jeep franchise, 341 Barrette in Joliette. This dealership is now closed and the Jeep products are to be sold by Joliette Dodge and Savignac Plymouth.
London Honda, 2038 Dundas Street East in London, Mr. Peter Morgan. This dealership has been sold to Mr. John Lecluse and John Purkiss. This dealership is to move to new state of the art facilities on Wharncliffe Road in London. Congratulation to the two John.
Jim Burns Chev Olds. Geo Ltd., 217 Victoria West in Alliston, Mr. Jim Burns. This dealership is now the property of Michael Boyer and operates under "Boyer Chev Olds Geo". Congratulation to Michael and his team.
New Hyundai dealership at 408 Hespeler Road in Cambridge. Helped by his 12 years of experience, Derek Rutter can only expect success.
Nunn's London, Mercedes franchise, 600 Wharncliffe Street in London, Mr. Barry Nunn. This dealership has been sold to Mercedes-Benz Canada Inc. This brings to 9 the number of retail units operated by the manufacturer in Canada.
Hardy Ringuette acquires most assets of Veillette & Johnson. The new operating name is "Hardy Ringuette Veillette & Johnson. Rainville Honda, 40 Don Quichotte Blvd in Ile Perrot, Mr. Marcel, Roland and Paul Rainville. This dealership has been sold to Mr. Claude Leclair, Mr. Michel Girard and Mr. Daniel Charbonneau. This dealership was started up by the Rainville brothers some 26 years ago and expanded up to this day. This is a well deserved semi retirement for these young fellows in their early sixties. This is an additional dealership for the very successfull Leclair group. Another transaction initiated and completed by Nancap.
Villa Toyota, 965 St-Joseph Blvd, in Hull, Mr. Roland Parent. The new owner of this dealership is Mrs. Carmen Lajoie. Best of luck to Mrs. Lajoie Opening of a new Kia dealership in Val D'Or. Senex Kia, 1677 Third Ave. in Val d'Or, J9P 1V9, Mr. Denis Sawyer. Congratulations to Denis who also owns and operates two GM dealerships in the region. Another Nancap satisfied customer Quesnel Chev. Olds, 991 Masson Street in Terrebonne, Mr. Andre Quesnel. This dealer just passed away last week end. Our most sincere condoleances to the family.
Boisvert Pontiac Buick, 470 Labelle Blvd. in Blainville, Mr. Guy Boisvert. This dealership has been completely destroyed by fire last week. Reconstruction is to start this week.
Bayview Chev Olds, 84 Church Street in Parry Sound. This dealership has moved to 80 Joseph Street in Parry Sound.
Carle & Wallingford Inc., Ford franchise, 901 Dollard in Buckingham, Mr. Louis Carle and Myles Wallingford. This dealership has become the sole property of Louis Carle and now operates under "Carle Ford Inc.".
Brand new Honda dealership in St-Constant. Mr. Thomas Samatas. This gentleman already owns the Honda stores in Chateauguay and Montreal. Best of luck to the new team. Automobiles A. Lachance Inc., Mazda franchise, 5095 Louis H. Lafontaine in Levis, Mr. Paul Daigle. This dealership has a new partner in Mr. Luc Loignon. |
March 7, 2010
Strong new vehicles behind Ford success Hyundai bumps Bridges from Oscar ads GM offers 661 dealers a second chance March 3, 2010 Ford Beating GM May Be ‘New Normal’ on Vehicle Lineup, Quality Struggling General Motors shakes up leadership again BMW Group Canada reports February sales records Nissan Canada Inc. Announces February 2010 Sales Honda Canada reports February sales results Kia continues record breaking sales pace - Company records 14th month of consecutive sales growth Hyundai continues to drive forward sales in February February 28, 2010 GM will add 1,200 jobs at Lordstown Toyota shares outperform market after Toyoda hearing Has Hyundai Learned Its Lesson from the Toyota Scandal? Volkswagen 2009 net income declines 80% Toyota Statement on Canadian Parliamentary Hearings February 23, 2010 Ford, Honda, Hyundai Big Beneficiaries of Toyota's Troubles Ford to offer jobs to displaced workers China Accounts 20% of Global Automobile Sales GM begins rebirth with engine plant in Tonawanda No dividend from Daimler for 2009 on surprise losses, shares fall Toyota Extends Brake Override Feature to Provide an Additional Measure of Customer Confidence February 17, 2010 Suzuki reaffirms plans for US market Volkswagen vies to be the world's top seller; car sales in China remain strong Honda adds 437,000 cars to global air bag recall Ford to cut shift, 900 jobs at Michigan plant February 13, 2010 Toyota recalls more than 400,000 Priuses, other hybrid cars Ford and GM gain sales as Toyota tumbles off pedestal 2011 Hyundai Azera: More Power, Higher MPG, Still Very Comfy Honda Odyssey Concept Reveals Stylish, Dynamic Image for All-New Minivan Nissan Shows Fans Its Range at the Canadian International Auto Show in Toronto Honda CR-Z Sport Hybrid Coupe Makes Canadian Debut February 7, 2010 Now Ford reports braking problems Now Honda faces recall crisis Hyundai's in the driver's seat now February 3, 2010 Volvo introduces new direct injected, turbocharged 2.0-liter GTDi Chrysler has ambitions for Jeep Hyundai maintains momentum entering 2010 Kia's unprecedented sales growth continues - company records 13th month of consecutive sales growth Honda Canada reports January sales results Chrysler Canada Retail Sales Climb 20 per cent in January - 2nd highest selling Automaker in the Country BMW Performance Continues into 2010 January 30, 2010 Jaguar Land Rover unable to guarantee longterm jobs Toyota’s Woes in America Raise Concern in Japan Toyota Temporarily Suspends Sales of Selected Vehicles Honda Begins Operation of New Solar Hydrogen Station Lexus Owner: Done with Toyota GM Offering Incentives To Toyota Owners To Switch Vehicles Hyundai Hopes to Avoid Toyota Trap January 25, 2010 Geely reportedly to invest 2 billion yuan to boost capacity Honda Says ‘Too Small’ Insight Hybrid May Miss Sales Target The Lexus LS 600h L 2010 Honda Insight May Be the Best Bang for Your Hybrid Buck Hyundai Motor, Kia Motors rank 2nd in car sales in China last year January 19, 2010 Honda Will Produce Acura Hybrids SCION brings high style, urban savvy style to Montreal Honda 'Personal-Neo Urban Transport' Concept Makes Canadian Debut at Montreal International Auto Show Anywhere, anytime luxury: The all-new 2010 Lexus GX 460 makes its Canadian debut in Montreal Comfortable, Convenient and above all, Cool: Toyota unveils the 2011 Sienna in Montreal Hydro-Quebec and Mitsubishi plan the largest electric vehicle trial in Canada Hyundai Motor Group to boost spending 12 pct in 2010 Toyota Companies Pledge $500,000 to Haiti Relief Effort Infiniti named top Luxury brand in ALG's Canadian Residual Value Awards January 13, 2010 Toyota Land Cruiser Nissan bets on electric vehicles Hyundai plans 7 new models on market in next 2 years Volkswagen going for more of U.S. market January 9, 2010 Hyundai, Kia 2010 Sales to Jump 17% After Record Year Nissan Accused of Forcing California Dealer Out of Business Honda Canada Reports Annual Sales Results Hyundai sells six figures for the first time ever Nissan Canada Inc. Records Its Second-Highest Annual Sales in 2009 2009 Auto Sales: Mazda annual US sales fall Honda Civic Retains Honour as Canada's Top-Selling Car Mercedes, GM Developing Diesel Hybrids Chief Says G.M. Is on Road to Profits Toyota becomes Japan's best-selling car in 2009 January 3, 2010 Nissan's Cube celebrates the power of peculiarity GM sees 42% sales rise next year A mightier Mustang: Ford offers 5.0-liter engine option Nissan reportedly failed to declare 64 billion yen in income 2009 Volkswagen Jetta SportWagen TDI: The upscale, practical niche Look to Hyundai for quality and value GM Extends Saab Deadline December 26, 2009 Toyota Announces the All-New 2011 Sienna Minivan Detroit 3 automakers: Where they're at now Improving Ford Motor Co. offers 2nd buyout of year Land Rover Announces 2010 Range Rover Recall S.Korea Hyundai Motor union accepts wage deal Pending Volvo sale to help Ford cut debt December 19, 2009 Civic Hybrid Owners Sue Honda Over Mileage Nissan LEAF Makes Canadian Debut in Vancouver Production of all-new Acura ZDX begins at Honda of Canada Mfg. in Alliston, Ontario Honda's Prius-Fighter Is Stuck in First Mazda has most to gain from ties with Toyota December 14, 2009 Strategic Alliance: Volkswagen To Buy 20% Stake In Suzuki Chrysler, GM dealers ready to fight for resurrection GM will not move European HQ to Germany Volvo S60 automatic pedestrian safety system hits the brakes if you don't Toyota to Sell Plug-In Hybrid in 2012 December 9, 2009 Toyota Undecided on Resuming Mississippi Plant Work Hyundai: No More V6s For Midsize Cars or Compact Crossovers GM May Give Opel Workers Stake to Win Deal Whitacre shakes up GM brass Stalling Problems on Toyota Corolla and Matrixes Leads to Investigation Volkswagen gains control of 49.9 pct of Porsche AG GM's chairman goes silent The segment-busting 2010 Toyota Venza adds new standard convenience features to the vehicle designed for Canadian drivers Advanced performance and intelligent refinement: safety, design, convenience and luxury equipment enhance the remarkable Lexus GS 450h performance hybrid luxury sedan for the 2010 model year December 5, 2009 G.M. and Chrysler to Review Dealer Closings Volkswagen looks to buy Porsche AG stake next week December 2nd, 2009 Contrasting fortunes for Toyota, Hyundai across the Sea of Japan Saab officials in Detroit for talks with GM Toyota and Lexus enjoy best-ever November, including new records for all four Canadian-built models Nissan Canada Inc. Reports Sales Results for November Kia Canada up 28 per cent in November Honda Canada reports November sales Toyota Pledges Improvement Pricing Announced for Significantly Enhanced 2010 Acura MDX BMW Canada November Sales up 11 per cent Automakers report mixed sales results, with GM, Honda, Chrysler slipping Hyundai Motor Leads U.S. November Vehicle Sales Gains |
VIDEO OF THE MONTH
Comments from clients:
Several months ago we spoke about the valuation
and goodwill associated with my dealership I am pleased to say that the marital negotiations
went about as well as they could. I appreciated your counsel and will definitely
avail myself of your services if the need arises. In the Jan 2005 edition off your newsletter you
outlined the 3 common approaches to determining dealership rent. Is there an update to this bulletin or do the
same standards apply- 1% of sales, 8.5 to 9.5% of gross or $450 per
new car? Thanks
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