Massy expands auto operations in Colombia
(Barbados Nation) On February 1 1, 2017, the Massy Group further delivered on its strategy of regional diversification through the Massy Motors acquisition of two large automobile dealerships in Colombia - Autogalias in Bogotá and the Grupo Automontaña in Medellín, which incorporate four dealerships.
Through this acquisition, Massy Motors will now represent a number of world-class automotive brands, namely Renault, VW, Volvo and Hyundai along with Mazda, Kia and Foton in Cali.
The acquisition significantly expands Massy Motors’ operations in Colombia, and is expected to double the volume of sales. According to David O’Brien, executive vice president, Massy Group “this means that in 2017, Massy is likely to sell more cars in Colombia than we do in Trinidad.”
O’Brien is enthusiastic about the calibre of the management team in Colombia citing the fact that the now Massy-owned Renault dealership was Dealer of the Year 2015 and Automontaña was one of the largest Mazda dealerships in the country.
Alberto Rozo, Massy’s country manager – Colombia, welcomed the 300 employees of the Automontaña and Autogalias groups, saying “we welcome you all into this family, where support and collaboration are key pillars for our teams. When the Massy Group arrived in Colombia in 2014, we were clear that our business vision is long For Ocean Going Vessels the opening lasts about For Trawlers the opening lasts about Wed Thurs term.”
In 2014, Massy Motors first entered the Colombian market with the purchase of the majority shareholding of Massy DeLima Grupo Automotriz S.A.S. which operates the two dealerships in Cali, representing Kia, Mazda and Foton trucks.
“Since then we have demonstrated that the values and focus of Massy Motors can deliver positive Feb 15, 2017 Feb 16, 2017 07:20 - 08:50 hrs 07:50 - 08:20 hrs