Foundation Automotive Corp. on Thursday said that it has purchased what it describes as the first carbon-neutral dealership in the world, Motorcars Honda in Cleveland Heights.
Motorcars Honda will change its name to Foundation Honda, effective immediately.
The approximately 46,550-square-foot facility includes a state-of-the-art service area.
Foundation said the dealership’s general manager and managing partner Peter Wink is a “seasoned automotive professional” who has plans for growing the dealership’s sales and service teams, which Foundation said would “maximize the dealership’s full potential and exceed customer expectations.”
"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," Foundation Automotive chief operating officer Chuck Kramer said 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."
"We are pleased to acquire our first Honda dealership and advance our strategy of diversifying the brand," said Foundation Automotive Corp. president and chief executive officer, Kevin Kutschinski. "Purchasing the dealership was an easy decision in expanding our portfolio of dealership presence into Ohio."
A 2017 article highlighted Motorcars Honda’s conservation efforts in the areas of carbon, water and waste.
Foundation Automotive kicked off its U.S. expansion in June, purchasing five stores in Texas and North Dakota.