Three groups buy dealerships in December transactions

Viva & Fiesta Car Team on Dec. thirteen extra the Toyota manufacturer to its dealership portfolio and expanded its existence in Las Cruces, N.M.

Viva of El Paso, Texas, acquired Vescovo Toyota in Las Cruces from George Vescovo, according to Kerrigan Advisors, a market-side organization in Irvine, Calif., which represented the vendor in the transaction.

The dealership was renamed Viva Toyota of Las Cruces. Las Cruces is in the southern portion of New Mexico, just north of El Paso. The team also has a Chrysler-Dodge-Jeep-Ram-Fiat keep in Las Cruces.

Vescovo has stayed on as normal manager of the dealership, stated Jamie Dick, president of Viva & Fiesta Car Team.

Dick stated the manufacturer and place presented an attractive option for his team.

“It really is just our 1st Toyota keep and of course Toyota’s a marquee manufacturer,” he told Automotive Information. “Las Cruces is just about forty minutes absent from our headquarters.”

Viva Car Team, which has sixteen new-car franchises at dealerships in Texas and New Mexico, operates underneath the Fiesta manufacturer title in the Albuquerque and Santa Fe markets, Dick stated.