A report in the Orlando Business Journal late yesterday (July 30) seems to confirm what we’ve been hearing the last couple of weeks about David Maus selling his stake in four dealerships back to his majority partners Van Tuyl. The price is rumored to be about $20 million. The Orlando-area stores include David Maus Chevrolet, David Maus Toyota Scion, David Maus Volkswagen North and David Maus Volkswagen South. Maus recently sold his Hyundai dealership in Deland, FL to the Asbury Automotive Group. According to the report, Maus is joining a group in the Carolinas.
Maus Toyota sold 2,940 new cars and more than 1,360 used cars with more than $129 mllion in total revenue according the Ward’s Dealer 500 rankng last year.