Major Automotive Deal: Classic Chevrolet Sold to Diehl Automotive Group in Pennsylvania

Classic Chevrolet Sells to Diehl Automotive Group



In an exciting development for the automotive community, Performance Brokerage Services, the leading dealership brokerage firm in North America, has successfully facilitated the sale of Classic Chevrolet in Bellevue, Pennsylvania. This transaction marks a significant change in ownership, as the dealership transitions from the Corsello family to Corina and Matt Diehl of Diehl Automotive Group.

For over 50 years, the Corsello family has been a cornerstone of Classic Chevrolet, demonstrating a strong commitment to their customers and a passion for the automotive industry. Under their stewardship, the dealership has flourished, becoming a trusted name in the community. However, as they pivot away from active management, the Diehls are set to honor this legacy while forging a new path forward.

The acquisition enhances Diehl Automotive Group's already robust presence in the greater Pittsburgh area, contributing to their network, which spans over 20 locations across Pennsylvania and Ohio. This strategic purchase will allow Diehl Automotive to further establish itself as a prominent player in the regional automotive market, directly benefiting local consumers with enhanced services and offerings.

Senior Partner Gershon Rosenzweig and partners Matt Wilkins and Jacob Stoehr from Performance Brokerage Services served as the exclusive sell-side advisors during this deal. Wilkins expressed his satisfaction with the deal, praising the professionalism and swift decision-making exhibited by the Diehl team. He stated, “Working with diehl Automotive Group was a delightful experience. Their operational excellence and quick responsiveness were key in streamlining the process.”

Going forward, Classic Chevrolet will be rebranded as Diehl Chevrolet of North Hills, while continuing its operations at the original location. The new ownership intends to build upon the legacy established by the Corsellos, ensuring that the dealership retains the trust and respect it has built in the community over decades.

About Performance Brokerage Services
Performance Brokerage Services, Inc., is recognized as North America's most prolific dealership brokerage firm, focusing on buy-sell transactions in various sectors including automotive, RV, and commercial truck dealerships. With over 30 years of experience, the firm boasts an impressive track record of nearly 900 dealerships sold and a remarkable 90% closing rate. Their ethical business approach, highlighted by complimentary value assessments without upfront fees, distinguishes them in the market. Located in Irvine, California, the company has a widespread regional presence throughout the U.S. and Canada, providing national exposure with local representation.

To find out more about Performance Brokerage Services and their offerings, visit their official website at performancebrokerageservices.com.

In conclusion, the sale of Classic Chevrolet marks a pivotal point in the local automotive landscape. It not only ensures the continuation of a storied legacy but also paves the way for new opportunities and advancements under the Diehl Automotive Group's direction. Enthusiasts and consumers alike can look forward to what this next chapter holds for the dealership and the community it serves.

Topics Consumer Products & Retail)

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