Major Sale of Ray Laethem Chrysler to Golling Automotive Group
Major Sale of Ray Laethem Chrysler Dodge Jeep Ram
Performance Brokerage Services, the leader in dealership buy-sell activity, announces the sale of Ray Laethem Chrysler Dodge Jeep Ram from Jeff Laethem to Golling Automotive Group.
Founded by Ray Laethem, the dealership was later managed by his son, Jeff, who continues to lead Ray Laethem Buick GMC. Performance Brokerage Services coordinated the sale, emphasizing professionalism throughout the process.
Professional Guidance Through Transition
Jeff Laethem shared his gratitude for the support provided by Mark Shackelford, Sr. and his son during this sale. Their professionalism and dedication ensured that he had several buyers to choose from, focusing not just on the best financial outcome but on finding a buyer equipped to maintain the dealership's legacy.
With an impressive track record, Performance Brokerage Services has facilitated the sale of nearly 400 dealerships over the last five years, establishing its status as North America's leading dealership brokerage firm. Jeff felt reassured every step of the way, as Mark Shackelford, Sr. prioritized finding a buyer who values the community and his long-term employees.
History and Growth of Golling Automotive Group
Golling Automotive Group’s roots trace back to 1966 when it was founded by A. William Golling, Jr. His son Bill learned the ins and outs of the dealership business from a young age and now operates eight successful dealerships, including brands like Toyota, Chrysler, and Jeep.
Ranked #146 on the Automotive News Top 150 Dealership Groups for 2025, Golling Automotive is recognized for its robust retail sales performance. The acquisition of Ray Laethem Chrysler Dodge Jeep Ram will be significant for the group, as they expand their offerings.
Highlighted Contributions from Performance Brokerage Services
Bill Golling remarked on the exceptional service provided by the Performance Brokerage Services team, appreciating their understanding of the unique needs for the transaction. The coordination between buying and selling parties was seamless, reinforcing a commitment to uphold the values of the dealership while ensuring a smooth transition.
Impact of the Sale on the Legacy
The newly renamed Golling Chrysler Dodge Jeep Ram will maintain its location in Detroit. Jeff Laethem’s legacy will continue under the new ownership, with Golling Automotive focused on furthering the dealership’s strong community presence.
About Performance Brokerage Services
With over three decades of experience, Performance Brokerage Services has carved a niche in the marketplace, specializing in the sale of automotive and related dealerships. They stand out for their ethical practices and successful completion rates, offering clients a unique service model with complimentary value estimates and no upfront fees.
Headquartered in Irvine, California, Performance Brokerage Services serves clients across the United States and Canada, ensuring personalized attention with a national reach.
As industry experts, they maintain strong relationships with buyers, sellers, and vehicle manufacturers to facilitate successful transactions. Their commitment to upholding high standards reflects in their consistent growth and client satisfaction.
Frequently Asked Questions
What does the sale of Ray Laethem Chrysler Dodge Jeep Ram signify?
The sale signifies a transition in dealership management while preserving its legacy, ensuring continued service to its customers and community under new management.
Who managed the sale of the dealership?
The sale was managed by Performance Brokerage Services, known for their expertise in dealership transactions, ensuring a seamless process.
When will the dealership be renamed?
The dealership will be renamed Golling Chrysler Dodge Jeep Ram of Grosse Pointe as it transitions to new ownership.
What is the history of Golling Automotive Group?
Golling Automotive Group was founded in 1966 and has expanded to operate several dealerships, showcasing a rich history and commitment to excellence in customer service.
How does Performance Brokerage Services distinguish itself in the industry?
Performance Brokerage Services distinguishes itself through a no-upfront-fee model, high closing rates, and an exceptional reputation built over decades in the industry.
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