The US dealer operation Velocity Vehicle Group is further extending its major move into the Australian truck market as Velocity buy another Daimler dealership. After picking up a number of Daimler Truck dealerships early this year the US company has now taken control of Daimler’s biggest NSW outlet, its Huntingwood dealership.
For Daimler Truck and Bus the sale of its only remaining company owned dealership represents its exit from the truck retail sector.
“Moving away from own retail allows for a singular focus on providing Daimler Truck and Bus customers the best truck and bus solutions across all segments,” said Daniel Whitehead, Daimler Truck and Bus Australia Pacific President and CEO. “Selling and servicing commercial vehicles is the speciality of our dedicated truck dealer partners, so it makes sense for them to provide our channel to market and to offer industry leading support for our customers.”
Earlier this year, Velocity, a major US truck dealership group, acquired all of the Daimler Truck dealerships, formerly owned by the Eagers Group in Australia. This development has grown out of the strong relationship the group has developed in the US, as the owners of 36 Freightliner outlets across North America, and counting.
The business originally got into the truck game in the US, by buying three underperforming dealerships and turning them around. On that foundation the group is now the largest Daimler Trucks dealership group in the South-Western USA, and now growing into the South-East of the country.
Daimler Australia Pacific Aftersales and Network Operations Director, Greg Lovrich, said Daimler Trucks Huntingwood has been a strong performer throughout the years and is currently the highest volume Daimler dealership in Australia.
“Daimler Trucks Huntingwood has been one of our best performing dealerships, a multi award-winner with a wealth of experience from spare parts and service through to the showroom floor,” he said. “We want to thank the employees for their commitment and wish them continued success under the stewardship of Velocity Vehicle Group.”