MENU
SEARCHSerra Chevrolet Bartlett gets a new name after transaction
Springhill Automotive Group has operated in the southeastern U.S. for over 26 years.
National Business Brokers
Serra Automotive, headquartered in Fenton, Mich., sold its Serra Chevrolet Bartlett location in Bartlett, Tenn., to Springhill Automotive Group. The store has been renamed Dobbs Brothers Chevrolet of Bartlett.
Springhill Automotive, based in Mobile, Ala., has operated in the southeastern U.S. for more than 26 years and operates seven dealerships across Alabama, Georgia and Tennessee. The Dobbs family has a long dealership history in Memphis, Tenn., dating back to 1921.
“The Dobbs name means a lot in this area,” said dealer principal Tal Vickers. “People in our communities know that when they hear the name Dobbs, they are hearing reliability, trustworthiness, and an answer to their automotive needs. We’re excited to bring the Dobbs name back to a community that means so much to me and my family.”
Serra Automotive operates 62 dealerships across seven states, representing 27 brands nationwide. National Business Brokers (NBB) facilitated the sale for it.
“I’ve known Joe Serra for some time and made sure he knew I was interested if he ever chose to make a move with the Bartlett store,” Vickers said. “Joe and Matt Serra run an exceptional organization, and we were thrilled when the NBB team reached out to present the opportunity.”
DIG DEEPER: Dealers Seeing Blue Skies
Dealers should aim to build a positive work environment, helping employees execute an efficient experience, from their online research to the final delivery of the vehicle.
Read More →
A cloudy April forecast was expected due to last April’s sales surge in anticipation of U.S. trade tariff-inflated prices. Meanwhile, automakers pumped up incentives to address today’s consumer wallet woes.
Read More →
A recent price spike due to several larger market forces, though it hasn’t dulled demand, is pushing more consumers to efficient models to squeeze in buys.
Read More →
A group out West picked up the major D.C.-area collection, putting it in the upper tiers of private automotive groups in the U.S.
Read More →
Lenders loosened access for subprime borrowers, and consumers with negative equity reached a record high, Cox Automotive reported.
Read More →
U.S. consumer interest in electric vehicles lags behind other countries despite the rising gas prices caused by the ongoing war in the Middle East.
Read More →
Research reveals the brands and models most likely to have higher recall rates over their lifetimes. While some brands rank high, addressing safety issues can be a selling point.
Read More →
Cox Automotive data shows Americans doubled down on big-is-better despite price increases. Slightly higher incentives helped fuel the demand.
Read More →
Cox Automotive research shows both the opportunities and the challenges in turning consumers’ growing affordability needs into increased fixed-operations revenue.
Read More →
The partner you choose for growth and expansion is key, because better is the ultimate goal instead of growth for growth’s sake.
Read More →