Auto Team buys Townsend Brothers Chevrolet in Dover

0

townsendbrotherschevrolet_custom_0416_herol2_600x336_tcm20-62435_v4_w580

A long-time Wilmington dealership group, Auto team Delaware  has acquired  Townsend Brothers  Chevrolet in Dover.

In a Facebook Post dealer Jeff Townsend announced the dealership will close on Saturday and reopen on May 2nd as Chevrolet of Dover.

The dealership will retain Townsend Brothers  employees.  Financial terms  were not announced.

“This has not been an easy decision but with no family interested in coming into the business I felt it was time to exit. We are leaving the business in good hands with Matt Kersey being the new dealer. Matt was the general manager at Delaware Cadillac in Wilmington and he along with his boss Mike Uffner are buying the store,” Townsend wrote.

Townsend  noted that Kersey was in the military and  still serves in the Army National Guard.

The Townsend family owned the dealership for 86 years, with the operation surviving a purge of GM dealers that was part of the bankruptcy and federal  bailout of the company.

“I just want to thank all our customers, employees, vendors and suppliers for all the support you have given to Townsend Brothers and to my family over the many years we have been in business. This is a bittersweet decision but I do believe it is the right one at the right time. My family and I will still be living in the area and we look forward to seeing many of you in our day to day activities,” Townsend concluded.

The auto dealership business in Delaware has been in a consolidation mode for some time, although many mid-sized family dealerships have remained independent.

Auto Team’s  flagship  operation is Delaware Cadillac, which is celebrating its 100th anniversary this year. Auto Team has expanded on Wilmington’s “auto row” by adding dealerships for the fast-growing Kia and Subaru  brands.

Michael Uffner has been active in Delaware business circles and the nonprofit community   for many years.

Facebook Comments
SHARE
Previous articleCharges dropped for now against American Legion officers as probe widens
Next articleJury finds business partner guilty of murder 1; co-defendant convicted of conspiracy
Delaware Business Now is a four-year-old, five-day-a-week newsletter and website operated by Bird Street Media LLC. Publisher and Chief Content Officer is Doug Rainey, a 30-year veteran of business journalism in the state of Delaware.  Business Now focuses on breaking business news in Delaware and immediate adjacent areas with apropriate background and perspective. Also offered exclusively in our FREE newsletter is commentary on state and regional issues. Have a complaint, question or even a compliment? Send an email to drainey@delawarebusinessnow.com. For advertising information, click on the About tab at the top of the home page Our business hours are 8 a.m. to 5 p.m., Monday through Friday. Call us at 302.753.0691.