P&A Providers & Administrators
MenuMENU
SearchSEARCH

California Dealership Sells to Victory

Mazda store in northern part of state was transformed from an industrial facility during the pandemic.

October 24, 2024
California Dealership Sells to Victory

The San Leandro, Calif., dealership opened in December 2020. Harvey Auto will now focus on its remaining six stores.

Credit:

Harvey Auto Group

2 min to read


One of the biggest U.S. auto groups picked up its first Mazda store to grow an already-large California presence.

In a sale between two family-owned auto retail companies, Victory Automotive Group bought San Leandro Mazda in the East Bay of the San Francisco Bay area from Harvey Auto Group, bringing Victory’s total dealership holdings to 53, according to Tim Lamb Group, which brokered the transaction.

Ad Loading...

Harvey Auto bought a former industrial facility in 2018, transforming it into the Mazda store, which opened in December 2020 in the depths of the pandemic. The dealership has 13,000 square feet of showroom space and a 32,000-square-foot parts and service center with 14 bays.

Victory Automotive rebranded the store as Victory Mazda San Leandro and plans to staff it with a mix of the more than 40 existing store employees and some staffers from its own team.

The Michigan-based group, which Jeffrey Cappo launched more than 25 years ago, is spread across 11 states from coast to coast, including in the Midwest, Northeast and the South, and now represents 14 brands. San Leandro Mazda is its 21st California store. Cappo operates the group along with his sons Eric and Michael.

Ken Harvey started Harvey Auto in 1954 with a motorcycle shop in Northern California, transitioning to automobiles as the business expanded, Tim Lamb Group said. It sold the San Leandro Mazda so that Harvey and his son Taz can focus on operating its four Honda stores and two remaining Mazda dealerships.

LEARN MORE: Buy-Sell Market Still Hot: Dealership Sales Hit Record

Originally posted on F&I and Showroom

More Industry

Subwoofer in trunk of car.
Industryby Lauren LawrenceMay 26, 2026

Ownership Priorities are Shifting

A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.

Read More →
Man's hand holding gas pump in fuel tank of white car
Industryby Hannah MitchellMay 26, 2026

Pump Price Jump Calculated

ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.

Read More →
Graphic showing previous week's truck and SUV segment prices
Industryby StaffMay 20, 2026

Black Book: Weekly Market Update

Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.

Read More →
Ad Loading...
Photo of dealership sign with Toyota logo
Industryby Lauren LawrenceMay 19, 2026

Arkansas Auto Group Acquires First Indiana Rooftop

Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.

Read More →
Headshot photo of Antonio Filosa, Stellantis CEO
Industryby Hannah MitchellMay 19, 2026

Stellantis to Dive Into U.S. Lending

The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.

Read More →
Photo of the rear of a new BMW iX SUV
Industryby Hannah MitchellMay 12, 2026

New-Vehicle Prices Rise

With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.

Read More →
Ad Loading...
Graphic of car segments' results the previous week
Industryby StaffMay 12, 2026

Black Book: Weekly Market Update

Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.

Read More →
Graphic of last week's estimated used retail days to turn
Industryby StaffMay 6, 2026

Black Book: Weekly Market Update

Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.

Read More →
cargo ship with vehicles, at dock
Industryby Lauren LawrenceMay 5, 2026

EU Auto Association Urges Action

Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.

Read More →
Ad Loading...
two people working on a paper contract together
IndustryMay 1, 2026

Driving into the Super CFC Era

Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.

Read More →