The Chrysler, Jeep, Dodge and Ram store becomes the B.C.-based group’s eighth new-car dealership in the province and second on Vancouver Island. Kot Auto also operates a used-truck centre in Kelowna, B.C.
Company President John Kot, who purchased his first dealership in Kelowna in 2011, said the group looks forward to welcoming Woodgrove Chrysler’s staff to the wider team.
“We are excited to expand with a dedicated domestic brand to our portfolio and allow for more opportunity for our team and our customers,” he said in a release.
Prior to the acquisition, Kot Auto focused exclusively on South Korean and Japanese brands, operating three Hyundai, two Genesis, one Kia and one Nissan dealership.
Terms of the deal were not disclosed, but Kot thanked seller Saskatchewan-based Knight Automotive Group for the “ease” of the transition.