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Subaru of America, Inc. (commonly abbrevriated as SOA), based in Camden, New Jersey, is the United States–based distributor of Subaru's brand vehicles. SOA is a subsidiary of Subaru Corporation of Japan. The company markets and distributes Subaru vehicles, parts and accessories through a network of more than 600 dealers throughout the United ...
In February 2021, a source reported Lithia Motors was in talks to acquire the Suburban Collection dealer chain in Michigan. Suburban reported revenues of $2.7 billion in 2019. Later in April of the same year, the company acquired New Jersey dealership Planet Honda of Union, which is expected to add $230 million in annual revenue.
Subaru of America (SOA) was established in 1968 in Bala Cynwyd, Pennsylvania, by Malcolm Bricklin and Harvey Lamm and relocated to Pennsauken, New Jersey, shortly thereafter. In 1986, SOA relocated to Cherry Hill, New Jersey, and Fuji Heavy Industries (now known as Subaru Corporation) acquired full ownership in 1990.
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Asbury Automotive was formed in 1995 by Tom Gibson, a former vice president with Subaru of America. [5] One of the company's original moves was to form a joint venture with Atlanta-based dealer Jim Nalley before acquiring his 11 dealerships outright in 1997. Nalley oversaw the stores until his retirement in 2004; his sons currently own ...
Ernest Alexander Boch Jr. (born February 15, 1958) is an American billionaire and businessman who is the former CEO of Boch Enterprises, a US$1 billion business consisting primarily of automobile dealerships in Norwood, Massachusetts [1] and the current CEO of Subaru of New England.