Who is Cecil Van Tuyl?
Who is Cecil Van Tuyl?
Cecil Van Tuyl (d. 2012) began hawking used cars in 1948, and by 1952 he had his own dealership. He then expanded his scope, selling new cars as well as insurance and service contracts. Son Larry joined his father in 1971 and soon had dealerships of his own.
How many dealerships does Van Tuyl own?
in the industry’s largest buy-sell transaction, is once again a dealership owner. Van Tuyl, 71, told Automotive News last week that he now owns four stores, including three dealerships in a Phoenix suburb.
How much did Van Tuyl sell for?
In 2015 the Van Tuyl family sold their company to Warren Buffet’s Berkshire Hathaway for US$ 4.1 billion.
How much did Berkshire pay for Van Tuyl?
Conservatively calculated, using an 80% ownership of the Van Tuyl Group-connected dealerships, FORBES estimates that Berkshire Hathaway will pay at least $2.3 billion for the Van Tuyl’s share in the dealerships that bears its name, making the Van Tuyl family billionaires.
When did Berkshire Hathaway buy Van Tuyl?
OMAHA, NE and Dallas, TX — March 10, 2015 — Berkshire Hathaway Inc. (NYSE:BRK. A and BRK.B) has completed its acquisition of the Van Tuyl Group, the largest privately held dealership group in the United States.
Who owns Camelback Toyota?
Camelback Toyota | Toyota Dealership Phoenix AZ | Berkshire Hathaway Automotive.
Who owns Van Chevrolet in Scottsdale Arizona?
Van Chevrolet | Arizona Chevrolet Dealership | Berkshire Hathaway Automotive.
Who owns visionary automotive group?
Peter Miles – Executive – Visionary Automotive Group, LLC | LinkedIn.
What companies does Berkshire Hathaway own?
The company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Shaw Industries, Pampered Chef, Forest River, and NetJets, and also owns 38.6% of Pilot Flying J; and significant minority holdings in public companies Kraft Heinz …
Who runs Berkshire Hathaway Automotive?
As part of the Berkshire Hathaway family of businesses, Berkshire Hathaway Automotive is led by CEO Jeff Rachor, as well as its experienced senior management team.