Simi Valley, CA – Ride Automotive, a growing automotive group led by Navi Singh and Ravneet Malhi, has officially acquired Simi Valley Chrysler Dodge Jeep Ram in California from Robert Bayer and Mac McKinley. The acquisition marks Ride Automotive’s first entry into the U.S. market and signals the group’s strategic expansion plans.
Robert Bayer, former President of Simi Valley Chrysler Dodge Jeep Ram, has been a notable figure in the automotive industry for over 30 years, successfully managing multiple dealerships across the western United States. Commenting on the sale, Bayer stated, “When I decided to sell my dealership, I immediately reached out to Jason Stopnitzky of Performance Brokerage Services. Jason was instrumental in ensuring a smooth transaction and securing the right buyer. I’m confident that Ride Automotive will continue to uphold the dealership’s reputation for excellence.”
The acquisition was facilitated by Performance Brokerage Services, North America’s highest-volume dealership brokerage firm. Over the past five years, the firm has advised on the sale of more than 300 dealerships, including 92 transactions in 2022 alone. Co-Founder Jason Stopnitzky, who served as the exclusive agent for the transaction, noted, “Robert and Mac have built an exceptional dealership, and we’re thrilled to have connected them with Ride Automotive. Navi Singh and his team bring a fresh vision and a proven track record of success.”
Ride Automotive currently operates two Kia dealerships in Canada, including the nation’s #1 CSI-ranked franchise in 2022. The acquisition of Simi Valley CDJR represents the first of multiple planned U.S. expansions. “We’re excited to bring our customer-first approach to California,” said Navi Singh, President of Ride Automotive. “This acquisition is just the beginning of our journey in the U.S., and we look forward to growing our presence while delivering exceptional service to our customers.”
The dealership, known for offering a wide selection of Cars for Sale in Thousand Oaks, including Jeep in Thousand Oaks, will continue operations at its current location at 2350 First Street, Simi Valley, CA. Ride Automotive plans to enhance customer service and introduce new offerings to further establish itself as the Best Car Dealer Thousand Oaks has to offer.
About Ride Automotive
Ride Automotive is a progressive dealership group with a focus on customer satisfaction and operational excellence. With a growing presence in North America, the company is dedicated to expanding its reach while maintaining high standards of service and community engagement.
Media ContactCompany Name: Simi Valley Chrysler Dodge Jeep RamContact Person: Media RelationsEmail: Send EmailPhone: 805-387-9755Country: United StatesWebsite: https://www.simivalleychryslerdodgejeepram.com/