Perry Auto Group Buys McCune MotorsTuesday, March 19, 2013
Perry Auto Group said it acquired McCune Motors of National City for an undisclosed price.
The transaction brings the number of dealerships operated by Perry Auto to six: two in National City, and one each in Escondido, Poway, San Luis Obispo and Santa Barbara.
The deals ends a 65-year run by McCune on the National City Mile of Cars, which features nine family-owned dealerships offering some 18 models. Dick McCune, Tony McCune’s father, opened a Chrysler dealership in National City in 1948.
“It’s bittersweet but there comes a time in your life to let go,” said the younger McCune, who started his career at his dad’s dealership washing cars. He took control of the business in 1973. In the past few decades McCune and his dog were featured in ubiquitous local television commercials.
Perry Falk, president of Perry Auto Group, said he approached McCune about selling about a year ago. Perry Auto got into the Mile of Cars in 2002 when it acquired National City Ford.
Sales at the car businesses weren’t revealed but Perry and nearly all auto dealers are doing well with many car owners replacing their aging vehicles and taking advantage of record low interest rates.
— SDBJ Staff Report