Larry H. Miller Dealerships Expands into California with the Acquisition of Quality Toyota in Corona

CORONA, Calif., Aug. 18, 2014 /PRNewswire/ -- Larry H. Miller Dealerships announced today that it has acquired Quality Toyota in Corona, Calif., marking the group's first dealership in the state of California.

"We've spent some time surveying the Southern California market looking for a dealership that fit with the philosophies and business strategies of our Group," said Steve Starks, executive vice president, Larry H. Miller Management Corporation. "Quality Toyota and seller Bud Gordon embody many of the same qualities and values by which our group operates. Larry H. Miller Dealerships is committed to excellence for our customers, communities and employees and we are eager to demonstrate this in the community of Corona."

In addition to acquiring the store, Larry H. Miller Dealerships will retain current employees of the dealership.

"Employees are vital to the success of a dealership and we consider the team at Quality Toyota part of the asset," said Dean Fitzpatrick, president, Larry H. Miller Dealerships. "We always work to ensure that current employees transition with the store, and we have training programs in place to encourage their success."

Larry H. Miller began his career with a single automotive dealership in Murray, Utah in 1979, and since then, Larry H. Miller Dealerships has grown to include 54 locations in seven western states. Larry H. Miller Dealerships is the 10^th largest automotive dealership group in the country, and the 4^th largest privately-owned according to Automotive News.

Seller Bud Gordon is well regarded for his commitment to community, most notably with the development of the Quality West Wing Foundation, which sits on the dealership property. The Gordon family will continue to run this facility and manage the foundation. The Larry H. Miller Group of Companies, the parent company of Larry H. Miller Dealerships, shares a similar interest in education. Through its charitable arm, Larry H. Miller Charities, LHM Dealerships supports nonprofit organizations that focus on issues that affect women and children with an emphasis on health and education.

"I am thankful that the Larry H. Miller Group of Companies, an organization with more than 30 years of experience in the automotive industry and a great commitment to community, is purchasing my store," said seller Bud Gordon. "We have many of the same philanthropic philosophies and I know my employees, customers and the community will receive the same level of care, service and respect that Quality Toyota is known for."

The dealership has been renamed Larry H. Miller Toyota Corona and is located at 1700 W. 6^th Street in Corona.

About the Larry H. Miller Group of Companies
Larry H. Miller Dealerships is owned by the Larry H. Miller Group of Companies, which operates more than 80 businesses and properties in 46 states and employs nearly 10,000 employees. Businesses primarily fall within six categories: automotive, insurance, finance, real estate, retail and professional sports. Headquartered in Sandy, Utah, the LHM Group is a privately owned, family business. For more information, please visit www.lhm.com.

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SOURCE Larry H. Miller Dealerships