Car dealer buying two dealerships
A local car dealer is acquiring two dealerships in the area.
Grand Rapids-based Fox Motors has signed agreements to purchase K&M Dodge Ram in Plainfield Township, at 4100 Plainfield Ave. NE, and Van Andel & Flikkema Chrysler Jeep in Plainfield Township, at 3844 Plainfield Ave. NE.
Fox Motors President and COO Diane Maher gave few details on the deals, saying there are a lot of details to work out. Fox still needs to get the approval of Chrysler for the deals to proceed, but she expected them to close in January 2019.
The Business Journal previously reported Fox Motors acquired Ann Arbor Infiniti, at 515 Auto Mall Dr., in May.
At the time, Fox intended to re-hire all existing staff at the Ann Arbor dealership, Maher told the Business Journal.
Fox also made other moves this year. In March, the company opened Fox Nissan of Lansing in Okemos, and in April, it added Indian Motorcycle in Wyoming to Fox Powersports.