Lithia Motors, Hendrick Automotive buy dealerships; Group 1 sells store
Hendrick Automotive and partner add Honda store
Hendrick Automotive Group of Charlotte, N.C., expanded its Honda dealership count to 18 when it bought LeJeune Honda Cars in Jacksonville, N.C., in partnership with Susan Stevenson.
Hendrick said the group and Stevenson bought the dealership on Dec. 1 from Stevenson’s brother-in-law, Jerry Stevenson. They renamed the store Stevenson-Hendrick Honda Jacksonville, according to a Dec. 2 Hendrick blog post. Jacksonville is east of Charlotte and north of Wilmington.
A Hendrick Automotive spokesman told Automotive News that the acquisition marked the group’s first in 2022.
Hendrick said the more than 48,500-square-foot dealership sits on 7.4 acres and includes 28 service bays.
“Susan is a great friend and business partner and this dealership is a perfect fit for our company,” Rick Hendrick, chairman of Hendrick Automotive, said in a statement. “Jerry truly cares for his people and has done a tremendous job of establishing a culture of service, which we will continue and build on.”
This is the fourth auto dealership that Hendrick and Susan Stevenson have partnered on. Others are Honda and Mazda dealerships in Wilmington and a Toyota dealership in Jacksonville, N.C.
Hendrick ranks No. 6 on Automotive News‘ list of the top 150 dealership groups based in the U.S., retailing 103,949 new vehicles in 2021.
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