DETROIT — LaFontaine Automotive Group, in a deal between two high visibility Detroit area auto dealers, has acquired Shuman Chrysler Dodge Jeep Ram in suburban Detroit.
Terms of the acquisition were not disclosed.
Bob Shuman, CEO and 2013 Detroit auto show chairman, sold the remaining family stake in the company his grandfather founded in 1955.
Shuman said he also has stepped down from his roles at the National Automobile Dealers Association as a board member and 2020 treasurer. He also represented Metro Detroit dealers on the NADA board.
Shuman’s 64 employees at the dealership in Walled Lake, Mich., will remain with the dealership under LaFontaine, which is now called LaFontaine Chrysler Dodge Jeep Ram of Walled Lake, according to a Thursday statement.
However, LaFontaine is moving John Rossi, general sales manager of LaFontaine’s Fenton dealership, to lead the newly acquired Walled Lake store. Joe Zeigler, general manager under Shuman, will