Classic Chevrolet's Transition to Diehl Automotive Group
Performance Brokerage Services, a top player in dealership buy-sell activity, has facilitated the sale of Classic Chevrolet located in Bellevue. The dealership has officially transitioned from owner Lee Corsello to the new proprietors, Corina Diehl and Matt Diehl, of Diehl Automotive Group.
This change is noteworthy as it continues the legacy that the Corsello family established over five decades of service in the automotive industry. Classic Chevrolet has been a cornerstone in the community, serving countless customers who value trust and dedication in their vehicle purchases.
Continuity in Chevrolet Legacy
The new owners, Corina and Matt Diehl, are committed to preserving and enhancing the legacy of Classic Chevrolet. Their focus will be on maintaining the integrity of the dealership while continuing the tradition of quality service that customers expect. With Diehl Automotive Group's established reputation and strong presence, the move reinforces their commitment to serving the greater Pittsburgh area.
The transition will not only ensure consistency in operations but also build upon the strong foundation laid by the Corsello family. It complements Diehl Automotive Group’s extensive network within the region, which encompasses more than 20 locations throughout Pennsylvania and Ohio.
Performance Brokerage Services' Role
In the past five years, Performance Brokerage Services has successfully brokered nearly 400 dealership transactions, marking them as the highest volume brokerage firm in North America. The team behind this particular transaction included Gershon Rosenzweig, Matt Wilkins, and Jacob Stoehr, who served as exclusive sell-side advisors to ensure a seamless transition.
Matt Wilkins expressed his appreciation for working with the Diehls, highlighting their professionalism and quick decision-making that facilitated an efficient process. His comments reflect the energy and optimism that accompanies this transaction, emphasizing the promising trajectory for the Diehl team moving forward in the industry.
Future Plans for Classic Chevrolet
Following the acquisition, the dealership will be rebranded as Diehl Chevrolet of North Hills, while still operating from its original location. This renaming signifies not just a change in ownership but also a renewed commitment to customer satisfaction and community engagement.
The Diehl Automotive Group prides itself on maintaining high standards and fostering strong relationships with its clientele. Their approach will likely continue to attract customers who value both loyalty and service excellence.
About Performance Brokerage Services
Performance Brokerage Services, Inc. stands out as North America's leading dealership brokerage firm, specializing in a variety of sales within the automotive sector, including automotive, RV, and powersports. With a remarkable track record comprising 900 dealerships sold and a high closing rate of 90%, they have built a strong reputation founded on ethical practices and transparent dealings.
The firm’s innovative strategy includes offering complimentary estimates of value, requiring no upfront fees or retainer costs. Clients are only charged a success fee once their transaction is successfully finalized, solidifying their interest in supporting clients through to completion.
Headquartered in Irvine, California, and operating twelve regional offices across North America, Performance Brokerage Services ensures that clients not only receive national exposure but also enjoy the benefits of local representation. Their extensive network includes vital relationships with industry attorneys, accountants, and manufacturers, enhancing their ability to facilitate successful sales.
Frequently Asked Questions
What does the sale of Classic Chevrolet signify?
The sale to Diehl Automotive Group marks the continuation of a legacy built by the Corsello family and presents an opportunity for growth in the automotive market.
Who facilitated the sale of Classic Chevrolet?
Performance Brokerage Services acted as the exclusive sell-side advisors for the sale, coordinating the transaction process.
What is the new name of Classic Chevrolet?
The dealership will be renamed Diehl Chevrolet of North Hills.
What is the experience of Performance Brokerage Services?
They have over 30 years of experience in dealership brokerage, with 900 successful sales and a 90% closing rate.
How does Performance Brokerage Services charge for their services?
The firm offers complimentary value estimates and charges a success fee only after a transaction is closed, with no upfront costs involved.
