Quebec-based automotive group is now present in three largest U.S. car markets – Florida, California and Texas
MONTRÉAL–(BUSINESS WIRE)–HGreg announces today its expansion into Texas with the acquisition of a landmark dealership located in West Houston, known for its iconic gable roof showroom. The location is set to open mid-December. The newest of HGreg’s 10 dealership locations in the United States, the property features a remodeled 82,500 sq. ft. showroom, a service center, guest lounge and 7.74 acres of land. When the dealership first opened in 1966, it was billed as the “the most modern building in the world.” Now under new ownership and management, HGreg has committed to making it the largest dealership in Texas in terms of car inventory.
“We’ve been patiently awaiting this opportunity,” said HGreg’s president and CEO John Hairabedian. “We have had our eyes on Texas for the past few years and are delighted that our entry into the state is founded upon such an historic location with rich and deep roots. Our entire team is excited to deliver our promise of ‘save more, drive happy’ to customers in the Greater Houston area and beyond.”
The property represents an initial investment of USD$ 55 million, of which $22 million were invested to acquire the real estate and renovate the location to create a state-of-the-art retail facility. Known for its hassle-free service, large selection of cars, efficient and transparent user experience and low prices, HGreg Houston is now looking to hire some 100 full and part time staff.
With dealerships in California since 2020, Florida since 2009 and Quebec, Canada since 1993, the company now has a presence in three of the largest new and used car sales markets in the United States.
“Customers in Canada and the U.S. want a wide variety of car options, low prices and a frictionless car buying experience,” continues Hairabedian. “This is what they find at HGreg and is one of the main reasons our company has succeeded wherever we’ve put down roots.”
HGreg intends to offer Houston a one-of-a-kind shopping experience, as well as the in-person and online services that HGreg has become known for and access up to 5,000 certified carefully inspected pre-owned vehicles, the largest inventory of pre-owned quality cars on the market.
The company, which recently celebrated its 30th anniversary, continues to invest in its presence in North America and plans further expansion into new markets to be announced in the months to come.
About HGreg
Founded in 1993 and celebrating over 30 years of service this year, HGreg, which includes both HGrégoire and HGreg.com, is committed to simplifying the vehicle purchasing process through its values of excellence, transparency, technological innovation, and a refreshing customer-focused philosophy. With a passionate team of car enthusiasts, HGreg operates dealerships in Québec, Florida and California, offering both new and pre-owned vehicles. To find out more, visit www.hgregoire.com.
Contacts
Media:
Noémia L’Heureux-Daigneault
HGreg
450 472-7272, poste 1183
relationpresse@hgregoire.com
Dalia Esposito
Torchia Communications
514 654-2635
dalia@torchiacom.com
