Auto Dealerships in Vancouver Consolidate and Expand

Strategic Insights -

The auto industry in Vancouver is experiencing consolidation with dealerships clustering around the Vancouver Auto Mall. Recent partnerships and land swaps are driving this trend, with Jon Creedon and Alan Webb, owners of Vancouver Ford and Mazda-Dodge dealerships, forming a partnership to expand their businesses. The partnership involves swapping land to enable both companies to expand their operations. Vancouver Ford will move its Suzuki and Hyundai product lines onto separate lots, while Webb will relocate his Mazda-Dodge dealership from Hazel Dell to a site adjacent to the Ford property. This move is expected to start next summer, with construction costs estimated at $10.6 million.

Key Takeaways:

  • Jon Creedon and Alan Webb, owners of Vancouver Ford and Mazda-Dodge dealerships, respectively, have formed a partnership to expand their businesses.
  • The partnership involves swapping land to enable both companies to expand their operations.
  • Vancouver Ford will move its Suzuki and Hyundai product lines onto separate lots, with construction costs estimated at $3.6 million.
  • Webb will relocate his Mazda-Dodge dealership from Hazel Dell to a site adjacent to the Ford property, with construction costs estimated at $7 million.
  • The partnership is expected to drive consolidation in the auto industry, with dealerships clustering around the Vancouver Auto Mall.
  • Year-over-year sales of new vehicles in Clark County are up 11.4 percent through October, according to state records.

Statistics:

  • Year-over-year sales of new vehicles in Clark County are up 11.4 percent through October.
  • Construction costs for Vancouver Ford's expansion are estimated at $3.6 million.
  • Construction costs for Webb's Mazda-Dodge dealership expansion are estimated at $7 million.
  • The total construction cost for both projects is estimated at $10.6 million.
  • The partnership involves 5 acres of land owned by Webb and 2.2 acres of land owned by Jay Carr, owner of Carr Auto Group.

Sources:

  • Columbian, Vancouver, Wash.
  • McClatchy-Tribune Business News.