WALNUT CREEK, CALIFORNIA — One of Walnut Creek’s most prominent luxury car dealerships has a new owner.
Sonic Automotive, a publicly traded national dealership group, has acquired Porsche Walnut Creek from Fletcher Jones Automotive Group. The transaction closed on August 25 and included real estate associated with the dealership, although the companies did not disclose the purchase price.
The dealership’s website has already been updated to describe Porsche Walnut Creek as “a Sonic Automotive Company.”
The New Owner Is a Huge National Company
Sonic Automotive is far larger than the boutique Porsche dealership it just acquired…