The Young Automotive Group, a network of 30 car and powersports dealerships across three states, has reached an agreement with Asbury Automotive to acquire Larry H. Miller Chrysler Jeep Dodge Ram Riverdale near Ogden.
Young Automotive Group is based in Layton and employs about 1,700 people in its operations.
Asbury Automotive, headquartered in Duluth, Georgia, owns 165 dealerships nationwide. The sale of the Riverdale dealership is part of a recent divestiture effort by the firm.
“This deal is one that signifies the start of a new chapter for our company,” said Spencer Young Jr., president of the Young Automotive Group. “Each action of our executive team is rooted in driving growth and creating connections with new communities. We’re thrilled to be able to work with this location’s staff, as well as the customers who walk through our doors from this incredible street.”
Located on the border of Roy and Riverdale, the dealership will be renamed Young Chrysler Dodge Jeep Ram Riverdale, Young executives said. They plan to appoint Jacob Sobers as the operation’s general manager.
“The Young Automotive Group has always been a company that’s recognized the importance of investing in areas,” said Sobers. “One of the things we love about this new franchise is that we get to join four of our operations on Riverdale Road and add to our impact in this setting. We cherish the relationship we have with this city and Weber County as a whole and can’t wait to involve them more in our future.”
Young Chrysler Dodge Jeep Ram Riverdale will become Young’s fourth dealership to carry vehicles from Stellantis manufacturers, which include Chrysler, Dodge, Jeep and Ram. In addition to the acquisition, the company recently moved its Young Powersports Ogden dealership to Riverdale Road, which stands next to Young Powersports Euro in the company’s new Weber campus.