P&A Providers & Administrators
MenuMENU
SearchSEARCH

Wisconsin Dealership Traded

Employee-owned auto group expands into Milwaukee market.

March 9, 2023
Wisconsin Dealership Traded

Van Horn Automotive Group's purchase of David Hobbs Honda adds its first Honda store.

IMAGE: Van Horn Automotive

3 min to read


Van Horn Automotive Group purchased David Hobbs Honda of Glendale, marking the first Honda dealership for the group and bringing its total number of dealership locations to 16 throughout Wisconsin and Iowa.

Van Horn Automotive has been growing, with six acquisitions in as many years, and a recent move to increase employee ownership stake from 30% to 77%.

Ad Loading...

“We are very excited to make this deal for a number of reasons,” said group President Jeff Niesen. “For starters, we’ve been looking to add Honda to our factory brand offering for several years. Honda is one of the most successful and reputable import brands in the U.S. Secondly, we’ve been looking for an opportunity to enter the Milwaukee market and expand our customer base. We’ve been selling vehicles to the Milwaukee area for a number of years but haven’t had a dealership point to service those vehicles.”

Van Horn Automotive intends to make immediate changes to grow the capacity of the Honda dealership.

“We intend to increase our preowned vehicle selection to over 200 units, to provide more options for the Glendale and Greater Metro Milwaukee area,” said COO Adam Gaedke. “As new Honda vehicles become more readily available from the factory, we intend to ramp up our new car inventory accordingly. Furthermore, as the only employee-owned auto group in the state of Wisconsin, we look forward to providing more job opportunities for the community.”

Part of the buy-sell agreement requires Van Horn to build a new state-of-the-art Honda facility within the next three years.

Former owner David Hobbs is a racing legend and hall of fame inductee who spent a lot of time racing in Wisconsin throughout the 1960s. He fell in love with the area, and planted roots for a car dealership because of his passion for driving Honda vehicles. Most recently, the operations of the dealership were run by his son, Gregory.

Ad Loading...

“Greg has been a wonderful partner in this process,” Niesen said. “Doing business with the Hobbs family was attractive, because we share similar values. We’re well aware of the rich history and community connection the Hobbs family has with the Glendale and greater Milwaukee area. Our first priority is to maintain those connections, and demonstrate that we can provide customers with the level of service they deserve.”

Greg Hobbs, managing director of David Hobbs Honda, said, “Closing the doors of David Hobbs Honda after 35 years of dedication to our employees and community is extremely difficult for the Hobbs family. However, knowing the Van Horn family, their dedication to the employees and the community, makes it a lot easier and so the Hobbs family is proud to hand over the keys.”

Van Horn Automotive says it suppors the communities around all its locations. In celebration of the new store opening, it will donate $100 to Horizon Home Care & Hospice Meals on Wheels program for every vehicle sold from Van Horn Honda of Glendale from March 8 through April 8.

“We learned that the Hobbs Honda team had a strong connection with Horizon Home Care & Hospice,” said Ryan Thiel, marketing director of Van Horn Automotive. “We currently support Fresh Meals on Wheels of Sheboygan County, so this was an easy decision to continue support in the Milwaukee area. It’s another example of how the values of Hobbs and Van Horn align.”

Originally posted on Auto Dealer Today

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 →