DALLAS (September 27, 2007) – Dallas-based Park Place Dealerships announced it has purchased Lexus of Mission Viejo in California from
Bayshore Motor Group II LLC for an undisclosed price. The dealership
has been renamed Park Place Lexus Mission Viejo and is the first
dealership outside Texas for Park Place Dealerships. The Lexus dealership in Orange County opened in 1995 and currently employs more than 120 people.
“Lexus Mission Viejo is an exciting opportunity for Park Place and we are
delighted to be doing business in California,” stated Ken Schnitzer,
Chairman of Park Place Dealerships. “We know the market is strong in
Orange County and there is a great demand for the Lexus product. Park
Place has a long, successful history with Lexus and there is a bright
future for us in Mission Viejo.”
Park Place Lexus Mission Viejo is a leading provider of luxury
automobiles, parts, accessories, and service in the Southern California
region including: San Clemente, Laguna Niguel, Laguna Beach, Rancho
Santa Margarita, Lake Forest, Aliso Viejo, Santa Ana, Huntington Beach,
Irvine, Garden Grove, Anaheim, Costa Mesa, Ladera Ranch, & Dana
Point.
Park Place has built a
reputation for creating client-friendly environments within the
dealership, streamlining the sales process, and offering exceptional
client service. Park Place Lexus Mission Viejo members, as all employees are
referred by, will be training in the Park Place culture that has made
Park Place one of the most successful dealership groups in the country.
Park
Place Lexus currently has two dealerships that rank among the country’s
top 20 Lexus dealers. In 2005, Park Place Lexus was named the
recipient for the Malcolm Baldrige National Quality Award, the highest
level of national recognition for business excellence. Park Place Lexus
is the only automobile dealer to ever win this prestigious Presidential
award.
Park Place Lexus Plano also was named the exclusive
recipient of the 2003 Texas Award for Performance Excellence,
recognition of Texas organizations that excel in performance
excellence, quality, and customer satisfaction.
Park Place
Lexus Plano’s new car client satisfaction index (CSI) is among the top
10 percent of 226 Lexus dealers nationwide. Park Place Lexus Grapevine
has a CSI of 98.9 percent and is among the top 10 percent of Lexus
dealers in the overall sales experience. Park Place Lexus Grapevine
also is rated the top Certified Pre-Owned Lexus dealer in the country.
Chris
Brunner, most recently the general manager of Park Place Lexus
Grapevine, has been named general manager of Park Place Lexus Mission
Viejo. Mr. Brunner, who has been with the company for 15 years, will
oversee day-to-day operations for the facility.
Founded in
1987, Park Place Dealerships is comprised of nine dealerships,
representing 12 brands in Dallas/Fort Worth and California. In addition
to Lexus, Park Place represents Mercedes-Benz, Porsche, Volvo,
Rolls-Royce, Bentley, and Maserati. More information on Park Place
Dealerships is available at www.parkplacetexas.com. Please visit
www.parkplacelexusmissionviejo.com for information on Park Place Lexus Mission Viejo.