Larry H. Miller Dealerships Announces

Avondale Store Acquisitions

Three additions further solidify group’s commitment

to Valley community.

PHOENIX (April 1, 2013)- Larry H. Miller Dealerships has announced the acquisition of three Avondale stores: Avondale Chrysler, Jeep; Avondale Dodge, Ram; and Avondale Fiat, bringing the group’s commitment to providing increased options to customers in the Greater Phoenix Area to nine locations. The acquisition is by far the largest in the company’s history, further affirming the group’s dedication to the Arizona market and its communities.

“Larry H. Miller Dealerships has been an active member of this community for more than 30 years,” said Dean Fitzpatrick, president. “In addition to providing our guests with options to suit various price points and style, we are also committed to giving back to the community by assisting local nonprofit organizations. The addition of these dealership locations will expand our footprint in the Avondale area and allow us to provide even more support.”

The dealerships were purchased from two partners; John Grant and Doug Moreland.

Larry H. Miller Dealerships opened its first Valley location, Larry H. Miller Toyota Peoria, in 1980. The automotive group added a Dodge dealership to the site in 1995 and Hyundai in 2000. Larry H. Miller Volkswagen was opened in 2004 in Avondale, and its Nissan dealership was opened in Scottsdale in 2006, and then moved to Mesa in 2008. As well, the group opened a brand new Chrysler, Dodge, Jeep, Ram dealership in Surprise in late 2012.

Larry H. Miller Dealerships will retain the existing employees of the three newly-acquired dealerships bringing the total number of Arizona-based personnel to more than 1,000. These employees are located throughout the state with nine stores in the Valley and an additional four that were also acquired from Moreland and Grant in Tucson.

“An important part of the purchase value of these dealerships is the employees,” stated Fitzpatrick. “We are impressed with the corporate culture at these stores and the high-caliber, experienced people who work there. We feel that they will be a great fit for our organization.”

John Grant added, “It is always a difficult decision to make when selling our dealerships to a new group.  It is important to both me and Doug that we select a company that values its customers and employees. Our decision was made easier knowing how Larry H. Miller Dealerships conducts business and the benefits they offer their workers.”

Outside of the latest acquisition, Larry H. Miller Dealerships currently operates six stores in the Phoenix market; three of which are part of a $30 million West Valley reconstruction project. The Larry H. Miller Toyota, Hyundai and Dodge Ram stores on Bell Road in Peoria are anticipated for completion in summer 2013.

Larry H. Miller Dealerships has a strong legacy of giving back to communities where they do business. Through its charitable foundation, Larry H. Miller Charities, approximately $500,000 has been donated to nearly 150 qualified nonprofit organizations throughout the greater Phoenix area. Beneficiaries include the Phoenix Children’s Hospital, Ronald McDonald House, The Maricopa Pediatric Foundation, Special Olympics Arizona, the Peoria School District Foundation and Sharing Down Syndrome Arizona.

With these new acquisitions, Larry H. Miller Dealerships will remain 10th on the Automotive News list of top 125 dealership groups in the country, now operating 19 different automotive brands at 55 locations in seven Western states.  The company is privately owned by the Larry H. and Gail Miller family.

For more information about Larry H. Miller dealerships, visit www.lhmauto.com.