Murgado Auto Group Acquires Motor Werks
The latest acquisition is part of a strategic plan to increase market presence and expand its customer base.

The acquisition grows Murgado Automotive Group to 24 dealership locations, selling economy to ultra-luxury brands.
Andrea Piacquadio
Retailer Murgado Automotive Group, with dealer franchises in Florida, Illinois and New Jersey, acquired Motor Werks Auto Group, a retailer based in Barrington, Ill.
The acquisition includes BMW, Cadillac, Honda, Infiniti, Porsche and Mercedes-Benz dealerships and grows Murgado to 24 dealership locations selling economy to ultra-luxury brands.
The sale closed on March 17. It's part of a strategic acquisition plan to increase market presence and expand its customer base. Adding Motor Werks to Murgado's dealer franchise portfolio will enable the company to offer a broader range of automotive brands and services to customers in the Chicagoland area.
Murgado Automotive already operates Honda of Downtown Chicago, Volkswagen of Downtown Chicago, Honda Libertyville, and Acura Highland Park.
“Motor Werks was the first Cadillac dealership that I ever visited as a boy with my father in 1975, so I am deeply familiar with the brand and its legacy,” said group President and CEO Mario Murgado. “We are proud and excited to welcome Motor Werks to our family of dealerships and add to our presence in Greater Chicago. We look forward to working with the many long-time and experienced employees and extending the tradition and success of Motor Werks.”
Motor Werks was founded in 1971 with one store in downtown Barrington. Murgado Automotive plans to retain the Motor Werks brand and has not announced any major staffing changes.
Customers of Motor Werks can expect a seamless transition of ownership and continued commitment to providing an outstanding automotive retail experience, according to Murgado.
“I want to thank Paul Tamraz and Mick Austin for the opportunity to acquire their incredible stores,” Murgado said. “They built a beautiful family business and have set a high bar, but we are up to the challenge.”
More information about the acquisition and about Murgado Automotive Group can be found at MurgadoAutomotiveGroup.com.
Originally posted on Auto Dealer Today
More Industry

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 →
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 →
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 →
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 →
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 →
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 →
Black Book: Weekly Market Update
Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.
Read More →
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 →
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 →
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 →