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The Swickard Auto Group is expanding four luxury stores in southern California

Swickard Auto ranks No. 64 on Automotive News' list of the top 150 dealership groups

Following its entry into Southern California in August, the growing Swickard Auto Group expanded its footprint there on December 12 with the purchase of five dealerships. As well as the plan to purchase three more early next year. 

West of Los Angeles, Swickard Auto purchased from AndersonAutos, a division of Anderson Holdings: Acura, Honda, Jaguar-Land Rover, Mercedes-Benz, and Lexus of Thousand Oaks. 

The growth resulted from the majority interest acquisition of John Elway’s Ontario-based Crown Toyota, one of the highest-volume U.S. dealerships for the Japanese automaker.

“They’re brands that we really like and we value the partnership with,” Greg Gates, vice president of business transformation at Swickard Auto, reported.  “We’re always looking for opportunities. With the opportunity to grow in Southern California, we felt like it was a great match.”

In the first quarter of 2023, Swickard Auto will purchase AndersonAutos’ three remaining dealerships, which include Cadillac, Chevrolet, and Buick-GMC outlets, according to Karolis. George Karolis is the president of Presidio Group, a Denver and Atlanta-based investment banking and dealership advisory firm. 

In July, Swickard Auto expanded its footprint initially with an Alaskan acquisition and dealerships in Northern California, Washington, and Texas. Gates claimed, “it made sense geographically.”

Swickard Auto ranks No. 64 on Automotive News‘ list of the top 150 dealership groups based in the U.S., retailing 14,107 new vehicles in 2021.

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Jaelyn Campbell
Jaelyn Campbell
Jaelyn Campbell is a staff writer/reporter for CBT News. She is a recent honors cum laude graduate with a BFA in Mass Media from Valdosta State University. Jaelyn is an enthusiastic creator with more than four years of experience in corporate communications, editing, broadcasting, and writing. Her articles in The Spectator, her hometown newspaper, changed how people perceive virtual reality. She connects her readers to the facts while providing them a voice to understand the challenges of being an entrepreneur in the digital world.

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