Group 1 Automotive, a Fortune 500 automotive retailer, has broadened its reach in the San Antonio metropolitan area with the acquisition of a Mercedes-Benz dealership in Boerne, Texas. This strategic move, announced on August 19, 2014, not only strengthens Group 1 Automotive’s partnership with the prestigious Mercedes-Benz brand but also significantly expands its footprint in a key Texas market. The newly acquired dealership, which will operate as Mercedes-Benz of Boerne, is projected to generate an impressive $135 million in annual revenue, further solidifying Group 1 Automotive’s position as a leading player in the automotive industry.
Earl J. Hesterberg, President and CEO of Group 1 Automotive, expressed enthusiasm about this expansion: “We are delighted to strengthen our relationship with Mercedes-Benz and further expand our scale in the San Antonio metropolitan market.” This acquisition underscores Group 1 Automotive’s commitment to growth and its strategic focus on capturing a larger share of the luxury automotive market in Texas. For customers in and around San Antonio, this means even greater access to the world-class vehicles and services offered by Mercedes-Benz.
Mercedes-Benz of Boerne also includes a Mercedes-Benz Sprinter commercial vehicle franchise. This addition is particularly noteworthy as it allows the dealership to cater to a wider range of customer needs, from luxury passenger vehicles to commercial vans. The Sprinter franchise is known for its versatility and reliability, making it a valuable asset to the dealership and to businesses throughout the San Antonio region. This dual offering of passenger and commercial vehicles under the Mercedes-Benz umbrella provides a comprehensive solution for both individual consumers and commercial clients in the San Antonio and Boerne areas.
Group 1 Automotive’s investment in Mercedes-Benz of Boerne is a testament to the company’s strong belief in the San Antonio market and the enduring appeal of the Mercedes-Benz brand. With 154 automotive dealerships, 197 franchises, and 38 collision centers across the United States, the United Kingdom, and Brazil, Group 1 Automotive is a global automotive powerhouse. The company offers a diverse portfolio of 34 automobile brands, ensuring a wide selection for customers. Beyond new and used car sales, Group 1 dealerships provide comprehensive services including vehicle financing, service and insurance contracts, maintenance and repair, and genuine Mercedes-Benz parts. This integrated approach ensures a seamless and customer-centric experience.
For those interested in learning more about Group 1 Automotive and its extensive network of dealerships, their official website, www.group1auto.com, offers a wealth of information. This acquisition in Boerne represents not just a business transaction, but an enhanced commitment to serving the automotive needs of the San Antonio community, providing greater access to Mercedes-Benz vehicles and services closer to home. Whether you are looking for a luxury sedan, a high-performance SUV, or a reliable commercial van in the San Antonio TX area, Mercedes-Benz of Boerne, now part of the Group 1 Automotive family, is well-positioned to meet your needs.
