Friday, September 21, 2001

Volvo franchise,
dealership sold

Star-Bulletin staff

Clarence "Jack" Jackson and his Jackson Auto Group have purchased the Volvo franchise for the state of Hawaii, as well as the Volvo dealership at 704 Ala Moana Boulevard from TheoDavies Euromotors Ltd.

Jackson Auto Group General Manager Russell Wong would not disclose terms of the deal, signed this afternoon. (Friday)

The deal may take the group's sales from last year's $36 million "to the high 50s or 60-million in sales," Wong said. Jackson adds Volvo to the Lincoln, Mercury, Pontiac and Isuzu brands it sells on its three-acre site on Nimitz Hwy. The Ala Moana location is about 50,000 square feet, including sales, service and administrative operations.

"Mr. Jackson will locate there, running the store on a daily basis," Wong said.

The dealership's new General Sales Manager is Alan Uyeoka. The former GSM decided to stay with TheoDavies, Wong said. The remainder of the 42 employees have been offered employment with Jackson, Wong said. "Prior to last week, we expected employee levels to increase, but I still feel very positive over the long run we'll be up to 55 or 60 employees."

The deal also includes "arrangements with outer island service facilities - independent shops that will assist in servicing Volvos," Wong said.

TheoDavies Euromotors Ltd. had purchased the business in 1997 from Jim Slemmons Hawaii Inc. It was presented the Volvo Dealer of Excellence award from 1997 to 2000.

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