RDS Automotive Group buys Philadelphia-area Ferrari, Nissan dealerships

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RDS Automotive Team expanded its portfolio of manufacturers — on both equally ends of the spectrum — with acquisitions in late 2021 and early 2022.

The luxury-focused team not only acquired one particular of the market’s rarest dealership choices in Ferrari, it also bought a primary-line volume dealership in Nissan.

RDS Automotive, of Newtown Square, Pa., obtained its 1st Ferrari dealership when it bought Algar Ferrari of Philadelphia in Bryn Mawr, Pa., from Aleks Vekselberg on Dec. 23. Bryn Mawr is northwest of Philadelphia.

Vekselberg had owned the dealership given that 2012, in accordance to its web-site. The retail store dates to 1964.

RDS Automotive renamed the dealership Ferrari Philadelphia.

As of Jan. 1, there ended up just 14 special Ferrari dealerships in the country and 46 overall franchises, in accordance to estimates in Automotive News’ once-a-year dealership census.

“We wished that brand to spherical out our secure of suppliers,” RDS President Robert DiStanislao instructed Automotive News.

RDS also sells Porsche, Lamborghini, McLaren, Bugatti, Maserati, Koenigsegg and Automobili Pininfarina from dealerships in suburban Philadelphia, Connecticut and Southern California.

The Ferrari acquire marked RDS Automotive’s initial acquisition because it bought Lamborghini and McLaren dealerships in Newport Beach front and Costa Mesa, Calif., in 2017, DiStanislao reported.

And just times after RDS purchased the Ferrari dealership, it sold Alfa Romeo Newport Beach front in Costa Mesa to MCA MIT 2 LLC on Dec. 28. That dealership moved to close by Irvine, Calif., and was renamed Irvine Alfa Romeo.

Nissan acquire

On Jan. 31, RDS Automotive purchased its very first mass sector-model dealership when it procured Devon Nissan in Pennsylvania.

The team acquired the retailer from Steven Silverio, DiStanislao mentioned. The shop was renamed Nissan of the Major Line. Devon is also northwest of Philadelphia.

Originally, DiStanislao planned to purchase the dealership for its real estate and use the property to provide pre-owned supercars.

But following meeting with Nissan executives, DiStanislao, who explained he was impressed with the brand’s commitment to electric automobiles, altered his thoughts.

“The product line is terrific,” DiStanislao claimed. “The Titan is great. The Rogue is terrific. The Maxima is excellent. The cars just strike incredible value, [a] excellent cost issue, and it’s terrific for our shoppers. I no for a longer time have to promote them a 70,000-mile Audi A4. I could provide them a manufacturer-new Sentra or Altima.”

Past acquisitions, RDS has been fast paced with building initiatives.

In Irvine, the team opened a dealership that homes Lamborghini and Bugatti. It can be also developing yet another, which will residence McLaren, Koenigsegg and Automobili Pininfarina, established to open in the slide, DiStanislao mentioned.

On the East Coast, RDS in late 2021 held its grand opening ceremony for Lamborghini Greenwich in Connecticut, which Lamborghini CEO Stephan Winkelmann attended. A new facility for Lamborghini Philadelphia, presently running out of the group’s Maserati dealership in Devon, is set to open up in June. It also will be in Devon.

RDS is relocating its Porsche of the Most important Line dealership in Newtown Sq. to a new 86,000-sq.-foot creating with four ranges upcoming door to the current retail store. The new dealership is also set to open in June.

Also, RDS Automotive was awarded an open up stage from Lotus and is targeting an open date of late summer season for a standalone dealership, DiStanislao pointed out, which will be found on the same campus as the Porsche dealership.

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