8/8/2023 0 Comments Summerville ford inventory![]() Moving from the Heartland to the Southeast, the Mitchell Family Office has sold Summerville Ford in the Charleston, S.C., area to Hudson Automotive Group, according to a news release from Haig Partners, which advised the Mitchell Family Office. Our team looks forward to a smooth transition as we onboard these new teammates.” “This is a part of our long-term strategy to diversify our geographic footprint, while deepening our longstanding relationship with Toyota Motor Company.”Īnderson added: “We welcome the 80 employees of Larry H. “We are delighted to have Toyota of Colorado Springs join the Baxter Family,” Baxter president and CEO Mickey Anderson said in a news release. The store will be Baxter’s second dealership in Colorado, and its 23rd overall throughout Nebraska, Kansas and Colorado. Miller Dealerships has sold its Toyota of Colorado Springs store to Omaha, Neb.-based Baxter Auto Group. Additionally, our current financial position allows us to continue to return capital to shareholders, as evidenced by our year-to-date repurchase of 390,201 shares at an average price of $177.53, for a total of $69.3 million, which represents over 2 percent of our beginning of the year outstanding share count.” Hesterberg added, "The combination of the Toyota brand and the Austin market represents a positive growth opportunity for Group 1. “The Austin metro market has grown by more than 30 percent and added over 500,000 residents to become the nation's fastest growing large metro area from 2010 to 2020,” he said. “We are pleased to welcome the team at Toyota of North Austin to the Group 1 family. The Austin market is leading the way as a home for numerous large companies which have been relocating to Texas in recent years,” Group 1 president and chief executive officer Earl Hesterberg said in a news release. The store will be renamed Toyota of North Austin and would be the retailer’s 16th U.S. ![]()
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