Sandler said the dealerships would be renamed Honda of Abington, Hyundai-Genesis of Abington, Mazda of Abington and Acura of Abington.
“Our company is currently on the right track to grow its business and we have actively acquired many dealerships over the past few years,” said George Liu, CEO of Rosenthal Automotive. Automotive News. “We are still continuing on this path, so this particular acquisition was a good fit because it consisted of brands we already owned and it was a natural fit.”
Liu said Rosenthal plans to upgrade store facilities and implement training programs for employees.
According to the company’s website, Sussman Automotive was family-owned and operated in the Philadelphia area for more than 50 years prior to the sale. Sandler said when Sussman Automotive finally decided to sell, several other automotive groups submitted bids, but Rosenthal ultimately won.
“This is a revered and iconic car dealership family in Philadelphia,” Sandler said.
Sandler said Bel Air Partners previously represented Sussman in the sale of three of its New Jersey stores to Group 1 Automotive Inc. in 2006.
Sussman Automotive retained ownership of Sussman Kia in Roslyn, Pa., Sandler said.
Rosenthal Automotive of Reston, Virginia also has dealerships in Virginia and Maryland. It ranks #105 on Automotive News’ list of top 150 US-based dealer groups, selling 9,638 new vehicles in 2021.