Dealer news: HGreg’s new dealership-within-a-dealership; Southern Illinois stores sold
The new HGreg Lux Orlando shares a location with HGreg's previously existing Orlando dealership. Photo courtesy of HGreg.
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HGreg’s Orlando dealership is now two dealerships.
The Canada-based dealership group has opened its newest HGreg Lux pre-owned luxury car boutique — inside its existing flagship used-car store in Orlando, Fla.
The dealership-within-a-dealership is the fifth HGreg Lux location, joining Miami, West Palm Beach and Pompano Beach in Florida and Costa Mesa, Calif. Like the new Orlando store, the West Palm Beach Lux dealership shares a location with HGreg West Palm Beach.
“For many of us, driving a luxury car is one of life’s most memorable moments,” HGreg CEO and president John Hairabedian said. “We’ve been serving central Florida since 2018 and are delighted to expand into this growing part of the automobile market.”
HGreg Lux Orlando features a 50,000-square-foot showroom, the company said, with more than 125 vehicles in stock, including the nation’s largest Porsche 911 inventory as well as AMGs, Bentleys and high line SUVs.
HGreg Lux provides same-day delivery, contactless purchasing options and cryptocurrency payment options.
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HGreg operates 49 dealerships in the U.S. and Quebec.
JP Sides acquires Southern Illinois dealerships
JP Sides, Allen Rhodes and Josh Overbey of JP Sides Automotive Group have acquired Coad Chevrolet and Coad Ford in Anna, Ill., from Tim Coad, Mike Coad and Rick Kennard, according to Performance Brokerage Services, which advised on the transaction.
The two dealerships in Southern Illinois are less than 30 miles from JP Sides Mazda, across the Mississippi River in Cape Girardeau, Mo.
The Coad family has operated the Anna stores for nearly 50 years, Performance Brokerage Services said in a news release.
The stores have been renamed JP Sides Chevrolet and JP Sides Ford.
