The Hendrick Automotive Group is buying Scott Jaguar, Charlotte’s only Jaguar dealership, and moving it from Tyvola Road to its auto mall on East Independence Boulevard.
David Porter, a vice president at Hendrick Automotive Group, said the plan is to have the Jaguar and Land Rover brands under one roof, a consolidation that the two companies have been pushing nationwide.
“Their ultimate vision is by 2020 to have as many partnerships as they can with Jaguar and Land Rover under one roof. It’s part of the design they want and the customer experience that they want,” Porter said.
Terms of the deal, which closes June 21, were not disclosed. When Jaguar relocates on that closing date, it will be renamed Jaguar Land Rover of Charlotte.
Porter said Hendrick plans to retain all of Jaguar’s approximately 20 employees when the deal closes. It’s unclear what will happen with the old Jaguar space at 400 Tyvola Road just off Interstate 77.
Hendrick is the largest privately held dealership in the country. It’s run by NASCAR team owner Rick Hendrick, who also heads Hendrick Motorsports. The auto group employs nearly 11,000 people, about half of whom are in the Carolinas.
The new dealership will be the latest in Hendrick’s growing portfolio of luxury brands, a category which has seen strong sales growth nationwide even as overall auto sales have slowed. Last year, Hendrick opened a new Porsche dealership on Independence Boulevard. That location is the largest of its kind between Atlanta and Washington, D.C., Hendrick has said.
Along that stretch on Independence, Hendrick also has dealerships that sell Lexus, BMW, Acura, MINI and Mercedes-Benz, among other brands.
In the short term, the relocated Jaguar dealership will be moved to Hendrick’s old Porsche showroom at 6824-1 E. Independence Blvd., on the same parcel as Land Rover. The long-term plan is to build a new showroom for the two brands that will be done by 2020, Porter said.
“It’s the go-to spot in Charlotte for luxury cars, and it will be a really good fit for Jaguar,” Porter said.