A great ride : Fox auto dealerships in Auburn area sold
AUBURN â Bill and Jane Fox spent almost 10 years finding a buyer for their Auburn-area auto dealerships who will care about their community as much as they do.
They believe they ve found that buyer in Jonathan Sobel.
Sobel, of Manhattan, has purchased Fox Honda, Fox Toyota Subaru and Fox Chrysler Dodge Jeep Ram from their longtime sibling owners, they told The Citizen on Thursday.
The Foxes and Sobel did not disclose the sale price of the prolific Grant Avenue dealerships. Sobel told The Citizen that the sale closes Monday, at which time his ownership of them will take effect.
They believe they ve found that buyer in Jonathan Sobel.
Sobel, of Manhattan, has purchased Fox Honda, Fox Toyota Subaru and Fox Chrysler Dodge Jeep Ram from their longtime sibling owners, they told The Citizen on Thursday.
The Foxes and Sobel did not disclose the sale price of the prolific Grant Avenue dealerships. Sobel told The Citizen that the sale closes Monday, at which time his ownership of them will take effect.
A former partner at Goldman Sachs, Sobel owns several dealerships in New York City, the Hamptons and Princeton, New Jersey. He said he plans to continue running the Auburn and Sennett dealerships the same way Bill and Jane Fox did, and will maintain their workforce of 275 employees. So far, the only changes he s planning are renovations to the Fox Honda building.Â