Jaguar of Novi Purchased by Elder Automotive Group, Announcement Made by CEO, Irma Elder
TROY, Mich., Dec. 28, 2007 -- Irma Elder, founder and CEO of the Elder Automotive Group, today announced the purchase of Jaguar of Novi located at 24295 Haggerty Road at the corner of 10 Mile and Haggerty in Novi, Michigan. The store was purchased from Nate Conyers, who newly built the facility in 2002 and who was also one of Michigan's Metro Detroit Ford Dealers prior to owning Jaguar of Novi.
When the agreement was finalized, it brought Elder's Jaguar dealership holdings to three in Michigan and one in Florida. With the purchase of Jaguar of Novi, the Elder Automotive Group has 11 dealerships collectively representing Ford, Jaguar, Land Rover, Aston Martin, Lincoln Mercury, Jeep and Saab. There are eight locations in Michigan and three in the greater Tampa, Florida area.
Elder, known for her compelling story of perseverance and business acumen, said, "We are confident in the Jaguar nameplate and look forward to working together with our employees and our customers to assure continuity of quality and service."
"When my dear friend and colleague, Nate Conyers, phoned to tell me that he was thinking of retiring and would I be interested in purchasing his dealership, we began the discussion," added Elder. "He is a fine gentleman and a strong business leader in the community. We will most certainly take good care of the dealership he established."
Irma Elder was born in Mexico and came to the United States in her early teens unable to speak a word of English. She became president of the former Troy Ford auto dealership (renamed Elder Ford) upon the death of her husband in 1983. Faced with an unexpected and daunting challenge, she raised her three children and has since became one of the most prominent, well respected and accomplished women auto dealers in the United States.
Elder has won numerous business and philanthropic awards and honors including Ford Motor Company President's Awards for customer service, several Pride of Jaguar Awards and GM Dealer of the Year Award. She is a member of Hispanic Business Magazine's Top 25 Elite Women of the Year and CATCH Hall of Fame Inductee to name just a few of her distinguished list of honors.
Elder believes strongly in giving back to the community, and her affiliations and charitable support reflect that. Currently, she serves on the Board of Trustees for the College for Creative Studies, Oakland Family Services, Detroit Regional Chamber of Commerce Board of Directors and the Economic Club of Detroit Board of Directors. Most notably, President George W. Bush appointed her to the Commission on White House Fellowships. In addition, she supports The Detroit Institute for Children, LaSed, Angel's Place, The Children's Center, Alzheimer's Association and the Josephine Ford Cancer Center and many others.
Elder's newest dealership, Jaguar of Novi, sits on approximately four acres of property including a used car lot and a 20,000 square foot building housing the beautiful Jaguar showroom, offices and service department. Located at the corner of 10 Mile Road and Haggerty in Novi, 24295 Haggerty Road, the dealership is in close proximity to I-275, I-96, I-696 expressways and is an important sales/service facility for customers in Oakland County and points west. Telephone number is 248.278.1111.
IRMA B. ELDER
CEO
ELDER AUTOMOTIVE GROUP
ELDER FORD
President's Award Winner
Blue Oval Certified Dealership
777 John R Road
Troy, MI 48083
Ph. (248) 585-4000
Fax (248) 585-4039
JAGUAR OF TROY
Pride of Jaguar Award Winner
1815 Maplelawn
Troy, MI 48084
Ph. (248) 643-6900
Fax (248) 643-9261
SAAB OF TROY
General Motors Dealer of the Year
Retail Recognition Award Winner
1819 Maplelawn
Troy, MI 48084
Ph. (248) 205-1333
Fax (248) 205-1350
SIGNATURE FORD LINCOLN- MERCURY JEEP
OF OWOSSO
1960 E. Main Street
Owosso, MI 48867
Ph. (517) 725-2888
Fax (517) 723-4194
SIGNATURE FORD OF PERRY
3942 West Lansing Road
Perry, MI 48872
Ph. (517) 625-5600
Fax (517) 625- 5665
ASTON MARTIN JAGUAR OF TAMPA, FLORIDA
Pride of Jaguar Award Winner
320 East Fletcher
Tampa, FL 33612
Ph. (813) 371-8200
Fax (831) 371-8199
SAAB OF TAMPA, FLORIDA
11608 N. Florida Avenue
Tampa, FL 33612
Ph. (813) 769-7222
Fax (813) 936-9465
SAAB OF LAKESIDE
19077 Hall Road
Macomb, MI 48044
Ph. (586) 263-7786
Fax (586) 263-7758
JAGUAR LAND ROVER LAKESIDE
18979 Hall Road
Macomb, MI 48044
Ph. (586) 226-8866
Fax (586) 226-8855
ASTON MARTIN OF TROY
1767 Maplelawn
Troy, MI 48084
Ph. (248) 614-3190
Fax (248) 614-3199
JAGUAR OF NOVI
24295 Haggerty Road
Novi, MI 48375
Ph. (586) 478-1111
Fax (248) 919-1210
NOTE TO EDITORS: Irma Elder is available for interview concerning the Elder Automotive Group's newest acquisition, Jaguar automobiles, the automotive business and related topics. For further information and arrangements, please contact Angie Bournias at 313.881.3021; bournias79@comcast.net or angiebournias@mac.com.