Real Estate, Dealerships, News

BURGEONING Australian dealer group Autoleague has added two dealerships with the purchase this week of Western Australia franchises Osborne Park Kia and LDV, and Albany World of Cars.

The two WA dealerships were previously owned by former AHG executive, Tony Salerno, and partners.

Autoleague said the purchase expands its presence in WA. The Kia and LDV showrooms are in the northern Perth suburb of Osborne Park and Albany World of Cars is in the state’s south-west in Albany.

The Albany business adds the new-car franchises of Ford, Mazda, Mitsubishi, Volkswagen and Hyundai.

Autoleague said: “As part of the acquisition and to ensure a smooth transition for our valued customers, the existing management team at Osborne Park Kia and LDV will remain in place with Darren Cobby to oversee operations as dealer principal.”

“We proudly announce the appointment of Andrew Shorter as dealer principal of Albany World and look forward to continued success under his leadership.

“We are thrilled to extend a very warm welcome to the team at Osborne Park Kia and LDV and Albany World of Cars. It’s great to have you with us at Autoleague and we look forward to continuing to provide exceptional service across all brands at our new dealerships.”

IDOM is the Japanese used car and auction business that entered the Australian market in 2016 – its first move outside Japan – when it bought the WA-based DVG Automotive Group.

DVG was owned and operated by seven Divirgilio brothers. IDOM paid $121.6 million for a 67 per cent share. 

IDOM changed its name to Autoleague after a 2022 buyout by Australian investors and employees, primarily dealer principals.

It paid $70 million in a subsequent acquisition of the Andrews & Wallis Motor Group at Essendon Fields and Lilydale in Melbourne and then bought Berwick Mitsubishi.

In December 2023, it bought Berwick Motor Group from Nick Strauss which had five new-car franchises. 

Autoleague already has 40 new-car dealerships plus truck and tractor outlets, two used-car outlets, accessory business and a boat dealer.

It also runs the innovative Carco sales and car-focused entertainment complex in a former Bunnings warehouse in Perth’s eastern suburbs that includes used-cars, consignment vehicles, a go-kart course, kids’ activities, radio-control course, toys and accessory sales and cafe.

By Neil Dowling

AdTorque Edge