Tim Dahle buys two dealerships from Brother
Tim Dahle, named after him of Tim Dahle Auto Group, bought two Mazda dealerships in May from his brother and a partner.
The Murray, Utah, auto group purchased Murray’s D. Dahle Mazda and Southtown Mazda in Sandy, Utah on May 9 from Dahle/Mayer Imports.
Tim Dahle’s younger brother, Dennis Dahle, co-owns Dahle/Mayer Imports with business partner Rob Meyer. According to the brothers, Dennis Dahle plans to retire, and with Mayor Tim Dahle become a partner and co-owner of two dealerships.
The dealership was renamed Tim Dahle Mazda Murray and Tim Dahle Mazda Southtown. Murray and Sandy are both suburbs of Salt Lake City.
The Tim Dahle Group now has seven franchise dealerships. The others are: Tim Dahle Nissan Murray, Tim Dahle Nissan Southtown in South Jordan, Tim Dahle Nissan Bountyful in North Salt Lake City, Tim Dahle Infiniti in Murray and Tim Dahle Ford in East Spanish Fork, all in Utah. It also has a used-vehicle store.
Tim Dahle said all stores are within an hour of each other’s driving time.
He said that while he has no immediate plans to increase his holding, he is always looking.
Kline Dahle, father of Tim, Denise, and their sister Cindy, started Kline’s auto sales in the late 1960s. Tim Dahle bought his father’s Nissan and Infiniti dealerships in 1989. Dennis Dahle bought the Mazda store in Murray from Kline in 1993, selling it in 1999 and buying it back in 2002. He bought the Southtown location in 2014.
Dennis Dahle said he is ready to retire from business after 33 years.
“I wanted to keep it in the family,” he added Automotive News,
Tim’s sons, Steve and Marcus Dahle, together with relative Vic Riem, started an affiliate company, Red Rock Auto Group, in 2016. Red Rock now has five dealerships in Grand Junction, Colo.
Fred Beans Adds Eighth Ford Dealership
Fred Beans Automotive Group of Doylestown, Pa., added an eighth Ford dealership to its portfolio last month, closing an acquisition effort that began nearly 50 years ago, according to company vice president Beth Beans Gilbert.
Smith Ford in Washington, NJ, which was acquired on June 15, was renamed Fred Beans Ford of Washington. Washington, NJ, is near the Pennsylvania state line.
The Smith Motor Company.. which dates back to 1925, was headed by Jack Smith from 1965 until his death on March 17, 2022, according to his obituary. He was 84 years old.
Gilbert told Automotive News That her father, Fred Beans, the company’s founder and president, had reached out to Smith in 1975, wanting to buy the Smith Tractor and Equipment Company. Years passed and the men kept in touch, occasionally meeting for lunch.
Before his death this year, Beans and Smith arranged a dealership sale, according to Gilbert, although the tractor company remained in the Smith family.
Beans said he appreciates the strong team Smith has built with his family, including two grandchildren who will be on sale at the store.
“We have inherited both good people and a strong foundation from the Smith family,” Beans said in a statement. “We will maintain the same values that are inherent in every family-owned business as the store transitions to the Fred Beans name.”
Fred Beans Automotive has over 20 dealerships selling 18 brands in Pennsylvania and New Jersey, with a dealership in Flemington.
The new store is less than a half hour drive from Flemington properties.
“If customers need more than just what a dealership can offer, it will be well supported out there,” Gilbert said.