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A-Rod sells Mercedes dealership - The Galveston County Daily News : Local News

September 19, 2014

A-Rod sells Mercedes dealership

Posted: Friday, May 2, 2014 12:30 am

LEAGUE CITY — Group 1 Automotive said this week it had acquired troubled New York Yankees slugger Alex Rodriguez’s Mercedes-Benz dealership, 500 Interstate 45. 

Publicly traded Group 1 (NYSE: GPI) declined to disclose the purchase price of the dealership it estimates will generate $85 million in yearly revenues. Group 1 will change the dealership’s name from Alex Rodriguez Mercedes-Benz to Mercedes-Benz of Clear Lake.

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