The new Savannah Volkswagen is located on Abercorn and Eisenhower Drive, at the site of the former Vaden Volkswagen and Signature Used Cars.
"We are looking forward to our growth and contributions to the economy in Savannah," said Peacock. "We are very familiar with the market and are excited to be in this community."
In a related transaction, Coastal States Automotive Group has sold the assets and franchises of Hilton Head Nissan and Hilton Head Infiniti to Vaden Automotive Group. Vaden will lease those two facilities at the New River Auto Mall, and operate those two dealerships, but will move both franchises to another location on Highway 278 within 18-24 months. At that time, Coastal States Automotive Group will construct a new Audi facility at the current location of Infiniti, and evaluate alternative uses for the current Nissan facility.
Savannah Volkswagen will employ 30 people. Coastal States Automotive Group employs almost 600 people in Florida, Georgia, and South Carolina.
Coastal States Automotive Group, LLC (formerly New River Auto Mall, LLC) owns Hilton Head Hyundai, Audi Hilton Head, Hilton Head Volkswagen, Porsche of Hilton Head, Subaru of Hilton Head, Jaguar Land Rover Hilton Head, Hilton Head Chrysler/Jeep/Dodge/Ram, all in the Hilton Head, S.C., area; Savannah Volkswagen; and Jaguar Land Rover Columbia in Columbia, S.C.
The automotive company also just purchased Subaru South Orlando, which also includes a Collision Center, on May 18 in Orlando, Fla. A $1.5 million renovation is planned this year to provide even more improvements to the relatively new facilities.
Coastal States Automotive Group's corporate offices are located at the New River Auto Mall on Highway 278, 4 minutes east of I-95 at Exit 8.