Who owns boardwalk audi

It also owns Mini on one side of the ledger sheet and the exotic luxury brand Rolls-Royce at the other end. It also sells motorcycles under the brand name BMW Motorrad.

Once the German half of the company formerly known as DaimlerChrysler from , Daimler AG is the parent company of luxury automaker Mercedes-Benz , which is still the brand to beat for sheer status and comfort, and mini-car brand Smart, which is known for neither attribute.

Daimler will withdraw Smart from the U. The purveyor of the prancing horse logo was owned for a time by Fiat, and later Fiat Chrysler Automobiles, but was spun off in as its own entity, Ferrari N. This multinational auto giant was created when Fiat merged with then-embattled Chrysler in Though the parent company sells vehicles under no fewer than seven nameplates in the U.

Today, Ford and Lincoln are its only remaining brands in the U. The automaker builds vehicles with exceptional quality and longevity under the Honda and luxury-oriented Acura brands, and is responsible for an extensive line of power equipment, including generators and lawn mowers.

In addition to maintaining those nameplates, the company launched the Genesis luxury division in to sell upscale autos to non-traditional Hyundai buyers. Both nameplates were acquired from Ford Motor Company in , and they continue to be designed and built in the U. Rising to prominence in the U. McLaren is the other only independent British car maker selling its wares in the U.

It also has an active motorsports presence via its GT Racing arm. Renault and Nissan originally became strategic partners in , and today the entity controls 10 separate auto brands worldwide. Its offerings in the U.

Ginsburg, owner and founder of the dealership group, declined to comment on the transaction. Ken Ambrose, senior vice president of Boardwalk Auto Group, will continue to oversee the dealerships after the acquision, Ginsburg said in the statement. Terry Box. Become a business insider. Get the latest headlines delivered to your inbox every weekday. By signing up you agree to our privacy policy. Stand with us in our mission to discover and uncover the story of North Texas. More from Homepage.

Lawyers insist suspect was bullied before Arlington school shooting, though unconfirmed by police. Texas ordering 1. If manufacturers and regulators approve the deal as expected, AutoNation will own 19 new-car franchises in the Dallas-Fort Worth area. High-end dealerships are attractive because they generate much higher profits than mainstream franchises. In addition, Volkswagen is one of the fastest-growing brands in the auto industry and has ambitious plans to get even bigger.

Scott K. Ginsburg, 60, owner and founder of Boardwalk Auto Group, declined to comment on the transaction. Ken Ambrose, senior vice president of Boardwalk Auto Group, will continue to oversee the dealerships after the acquisition, said Ginsburg, an entrepreneur who has built successful radio and digital-media businesses as well.

Become a business insider. Get the latest headlines delivered to your inbox every weekday. By signing up you agree to our privacy policy. Stand with us in our mission to discover and uncover the story of North Texas.