Family-owned business Qvale Auto Group said Wednesday it purchased Silicon Valley Auto Group and its franchises, which includes the Lotus of Los Gatos dealership. The SVAG group is to be renamed Los Gatos Luxury Cars and its franchises will remain at shared locations in Los Gatos: 66 East Main Street and 620 Blossom Hill Road. The Qvale Auto Group also owns Lotus of San Francisco dealership which is part of the British Motor Car Distributors located on Van Ness Avenue in San Francisco.
Silicon Valley Auto Group has been a long time supporter and sponsor of the GGLC and we wish them all the best for the future.
[via the San Jose Business Journal]