The Crest Automotive Group has acquired the Bob Thibodeau Ford dealership in Center Line, Mich., a Detroit suburb. Crest Automotive’s latest acquisition brings its portfolio to four dealerships, including Crest Volvo Hyundai in Macomb Township and Crest Ford in Flat Rock.
Established 18 years ago, the Harper Woods-based Crest Automotive is owned by Paul Alandt, who is married to Lynn Alandt, a great-granddaughter of Henry Ford and cousin of Ford Motor Co. Executive Chairman Bill Ford.
The 56-year-old Bob Thibodeau Jr. said the deal made sense because his two daughters are not interested in taking on the business that his father started 50 years ago.
Bill Chope, vice president of the dealership group, said that the deal was egged on by the loss of the Mercury franchise tied to the Lincoln dealership that Crest owns nearby in Sterling Heights.
With Ford’s decision to eliminate the Mercury brand, many dealers have expected that some Mercury drivers will move up to Lincolns and some down to Ford-branded vehicles. Chope added the dealership was a strategic addition. [via autonews - sub. required]