IN THE NEWS
Murgado Automotive Group Acquires Two New Mercedes-Benz Dealerships in Central Virginia
Yahoo Finance, 10/3/2023
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Murgado Automotive Group, a leading automotive retailer with dealer franchises in Florida, Illinois, and New Jersey, today proudly announced its acquisition of two Mercedes-Benz dealerships in Central Virginia. The addition of Mercedes-Benz of Richmond and Mercedes-Benz of Midlothian marks the 25th and 26th dealerships, respectively, to join the Murgado Automotive Group portfolio.
The company represents many of the top global automotive brands, ranging from economy to ultra-luxury vehicles.
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Murgado Automotive Group Acquires Six Motor Werks Dealerships in Illinois
MIAMI News Direct, 3/20/2023
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Murgado Automotive Group, a leading automotive retailer with dealer franchises in Florida, Illinois, and New Jersey, has announced the acquisition of Motor Werks Auto Group, a prestigious and respected automobile retailer based in Barrington, Illinois. The acquisition includes BMW, Cadillac, Honda, Infiniti, Porsche, and Mercedes-Benz dealerships and grows Murgado Automotive Group to 24 dealership locations, selling economy to ultra-luxury brands. The sale closed on March 17, 2023.
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The acquisition of Motor Werks by Murgado Automotive Group is part of the company's strategic expansion plan to increase its market presence and customer base.
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Murgado Automotive Group Acquires Honda and Acura Dealerships in North Chicago
Nasdaq, 1/4/2023
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Murgado Automotive Group CEO Mario Murgado today announced the acquisition of Honda and Acura dealerships from Pauly Motors, Inc. in North Chicago. The renamed Honda Libertyville and Acura Highland Park represent Murgado’s second expansion into the Greater Chicago market as his dealership group purchased Honda of Downtown Chicago and Volkswagen of Downtown Chicago in 2017. Both have grown into top-performing dealerships. Murgado Automotive Group now represents 18 dealer franchises in Miami, Chicago, and New Jersey. The sale closed on December 5, 2022.
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MARIO MURGADO: BUILDING A MULTI-STATE GROUP OF 18 AUTOMOBILE DEALERSHIPS
Miami Today, 9/21/2021
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Mario Murgado came to the US from Cuba as a 4-year-old. Now 59, he feels blessed to be living in this country, be part of the community and be involved with his passion: the automotive industry. He is one of the most successful auto-dealership owners in South Florida, with six dealerships in Miami, four in Stuart, three in Jacksonville, three in New Jersey and two in Chicago. Apart from being an entrepreneur, he has a deep passion for old cars, which he collects, along with historical pieces and flags.
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BRICKELL HONDA TO GIVE AWAY TWO CARS IN FEBRUARY
Miami's Community News, 2/12/2021
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Brickell Honda today announced that it will give away two new Honda automobiles in February as part of a promotion that honors frontline workers at Nicklaus Children’s Health System. Anyone who visits the S.W. 8th Street dealership, purchases a car, performs a test drive, or brings a vehicle in for service is eligible for the giveaway. The dealership wants to thank its customers for 20 years of incredible patronage while also recognizing the employees at Nicklaus who have endured incredible stresses on behalf of our community during the past year. Brickell Honda has set an ambitious goal to sell 500 cars in February.
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BENTLEY ARRIVES IN JACKSONVILLE WITH LUXURY AUTOMOBILES STARTING AT $200,000
Jax Daily Record, 8/24/2020
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No banners, balloons or inflatable air dancers beckon buyers to Jacksonville’s Bentley dealership. Instead, a putting green is near the front door and a large lawn chess set is in front of the Maserati and Alfa Romeo side of the South Jacksonville development. Inside, natural lighting, soft music, comfortable seating and quiet offices surround the showroom of Bentley models that start at more than $200,000. “Hopefully when you walk through here, you feel good about it,” said owner Mario Murgado during a visit Aug. 14.
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