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Canada-based company buys Patterson Auto

Canada-based Foundation Automotive Corp. has acquired Patterson Auto Group in Wichita Falls. ....

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Foundation Automotive Corp's Medved Autoplex Expands into Boulder, CO with Second Hyundai Dealership

Foundation Automotive Corp's Medved Autoplex Expands into Boulder, CO with Second Hyundai Dealership
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Foundation Automotive Corp's Medved Autoplex Expands into Boulder, CO with Second Hyundai Dealership | Business

Foundation Automotive Corp's Medved Autoplex Expands into Boulder, CO with Second Hyundai Dealership | Business
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Canadian auto dealers expand to Texas

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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. ....

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