Business & Real Estate

Folsom Automall dealership now run by Michigan auto group

Michigan-based Victory Automotive Group is the new owner/operator of the Folsom Lake Chrysler Dodge Jeep Ram dealership in the Folsom Automall.

The franchise recently changed hands in a transaction overseen in part by the Sacramento office of commercial real estate firm CBRE, which has an auto dealership specialty group.

The dealership at 12545 Folsom Blvd., formerly was operated by the locally based California Superstores Automotive Group.

Victory, headquartered in the Detroit suburb of Canton, also operates Auburn Honda at 1801 Grass Valley Highway in Auburn.

Victory oversees about 30 dealerships in the United States. All seven of its west-of-the-Mississippi River stores are in California.