04/01/10 Greenwich Saab Is Growing As Westport Saab Is Closing

You Wont Read This At The Greenwich Time:

Greenwich Time Business Editor Jim Zebora Is Once Again Asleep At The Switch

Saab of Westport to merge with Cadillac-Saab of Greenwich

Saab of Westport announced that it will be merging its operations into its sister dealership, Cadillac-Saab of Greenwich. The announcement was made today by Pat Ryan, president of Saab of Westport, a member of The Ryan Auto Group.

According to Mr. Ryan, “This merger will enable us to increase operating efficiencies and maintain our service levels to our customers. It reflects the continuing business model of having fewer dealerships in a geographic marketplace, aiming to pass on to consumers savings realized by creating these economies of scale. Although we are sad to leave Westport after almost 30 years, Cadillac-Saab of Greenwich, which has been serving Greenwich for more than 10 years, will continue to serve the Westport marketplace and will become the largest dealership for those brands in Fairfield County.”

Saab of Greenwich is conveniently located at 144 Railroad Avenue in Greenwich, just off Exit 3 of I-95 and 1 block from the Greenwich train station. The dealership’s telephone number is 877-345-7222.

With regard to Saab’s future, the Saab brand was sold by General Motors to Spyker NV, a European manufacturer of exotic Sports cars. In a statement from Spyker with regard to its acquisition, they said, “(It) is great for Saab’s customers, dealers, suppliers and employees around the globe. The level of passion and support shown to Saab over recent months has been remarkable and this does bode well for the future. Now we aim to get back to the execution of our business plan, starting with the introduction of the new 9-5 later this year, and with the continued support of our employees and business partners, I am confident we will succeed.”

Mr. Ryan echoed enthusiasm for Saab’s future, “This is a great brand with a deep history and a unique plan to go forward. We are excited about being Saab’s largest dealer in Connecticut and, in fact, one of the largest in North America. Saab will return to its preeminence in an amazingly short period of time. Spyker’s new ownership has the vision right!”

It was also announced today that the current dealership location in Westport has been listed for lease with Cushman & Wakefield. Skip Lane and Jim Fagan of Cushman & Wakefield will be handling the assignment. While the property is well suited for a variety of uses, it is ownership’s intention to keep it as an auto dealership.

About Cadillac-Saab of Greenwich:

Ryan Auto Group owns and operates Saab of Greenwich the largest Saab dealer in Connecticut and one of the largest Saab dealers in the country. They additionally own and operate Cadillac of Greenwich which is one of the largest Cadillac dealers in the state. Patrick Ryan is the President of Ryan Auto Group.

About Cushman & Wakefield:

Cushman & Wakefield is the world's largest privately-held commercial real estate services firm. Founded in 1917, it has 231 offices in 58 countries and more than 13,000 employees. The firm represents a diverse customer base ranging from small businesses to Fortune 500 companies. It offers a complete range of services within five primary disciplines: Transaction Services, including tenant and landlord representation in office, industrial and retail real estate; Capital Markets, including property sales, investment management, investment banking, debt and equity financing; Client Solutions, including integrated real estate strategies for large corporations and property owners, Consulting Services, including business and real estate consulting; and Valuation & Advisory Services, including appraisals, highest and best use analysis, dispute resolution and litigation support, along with specialized expertise in various industry sectors. A recognized leader in global real estate research, the firm publishes a broad array of proprietary reports available on its online Knowledge Center at www.cushmanwakefield.com.

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