Foundation Automotive Corp. of Calgary, Canada, purchased Motorcars Honda of Cleveland Heights from the Gile family. The sale was effective Aug. 29.
The name of the dealership has been changed to Foundation Honda in Cleveland Heights. It is at 2953 Mayfield Road.
Motorcars Honda was founded in 1971.
The facility is about 46,550 square feet, including a state-of-art service area and is the first carbon neutral dealership in the world.
“The success of the integration will be driven by how we begin working as one with a singular commitment to serve customers and the community,” said Foundation COO Chuck Kramer in a news release. “Operationally, we have lots of improvement opportunity which is good news. It provides an opening for us to raise the bar for customers and make the Greater Cleveland Heights area proud to have Foundation Honda within their local business community.”
Peter A. Wink is the dealership’s general manager and managing partner.
He is a seasoned automotive professional and plans to grow the store’s professional sales and service teams to maximize the dealerships full potential and exceed customer expectations, according to the release.
“We are pleased to acquire our first Honda dealership and advance our strategy of diversifying the brand,” said Kevin Kutschinski, president and CEO of Foundation Automotive Corp. “Purchasing the dealership was an easy decision in expanding our portfolio of dealership presence into Ohio.”
Foundation Automotive also owns dealerships in Texas, North Dakota and western Canada.