Image: Mark Leger/Huddle.
Kim Day, president and COO of the Steele Auto Group, says the company is pleased to grow its presence in Saint John. It currently operates TriStar Mercedes-Benz.
“The addition of these dealerships will help to solidify our presence in the New Brunswick market,” she said, in a news release. “We are thrilled to welcome the employees of these three dealerships to our current team of over 2,000.”
Steele will take over the three dealerships from Brett on March 1.
“I want to thank our customers that we have had the pleasure to serve a number of years. A sincere thank you as well our loyal employees,” said Ian Brett. “My best wishes to the Steele Auto Group for their continued success here in Saint John, I am assured that the Steele Auto Group will continue to offer our valued customer excellence in customer service and experience.”
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Everything is bigger in Texas, as the saying goes. And some Canadian dealership groups are crossing the border to get a piece of the state s fast-growing markets.
In December, Steele Auto Group of Dartmouth, Nova Scotia, acquired two Chrysler-Jeep-Dodge-Ram dealerships in Texas, which followed the purchase of a Chevrolet-Buick-GMC store outside San Antonio earlier in the year. Foundation Automotive Corp. of Calgary has expanded rapidly into the U.S. since forming in 2017, with seven new-vehicle dealerships and a national headquarters in Texas.
Steele COO Kim Day and Foundation CEO Kevin Kutschinski told
Automotive News Canada that Texas rapid growth is a big attraction. According to the U.S. Census Bureau, the state s population grew 15 percent to 29 million between 2010 and 2019.