Nevada’s Business Friendly State Major Factor in Purchase
DALLAS (July 2, 2012) – Park Place Dealerships, a luxury automobile group based in Dallas, announced today it has acquired Towbin Infiniti of Las Vegas for an undisclosed price. The dealership, located at 5605 West Sahara Avenue in Las Vegas, has been renamed Park Place Infiniti (parkplaceinfiniti.com).
“Nevada is a ‘business-friendly’ state which is important to our company when we consider expansion opportunities,” said Ken Schnitzer, founder and Chairman of Park Place Dealerships. “The Infiniti brand is a terrific brand and has tremendous long-term potential. Infiniti recently launched two new 2013 models – the 3-row/7-passenger Infiniti JX luxury crossover and the IPL G Convertible. In May, The Robb Report placed the Infiniti JX on its “Best of the Best” list of sport utility vehicles for 2012.”
Situated on six acres, Park Place Infiniti includes a 40,000-square-foot facility with a six-vehicle new car showroom, 26 service bays, a make-ready and detail area, and a six-vehicle pre-owned showroom. Renovations to the facilities will begin soon.
The company has named Stephen James General Manager of Park Place Infiniti. James transferred from Park Place Jaguar in Plano, Texas and was also a part of the Park Place Lexus team that was awarded the coveted Malcolm Baldrige National Quality Award, the highest recognition a business can receive from the President of the United States.
“Stephen is a great asset to Park Place and will extend the culture and community of our company to residents of Las Vegas,” said Schnitzer. “We are excited to bring the Park Place brand to Nevada and look forward to being a part of the landscape for many years to come.”
On June 1, Infiniti reported U.S. sales of 10,592 units for the month of May, an increase of 65.8 percent versus 6,389 units a year earlier. Infiniti sales have increased 7.2 percent to 43,941 vehicles for the first five months of 2012.
“With a sales increase of more than 65 percent, May was a fantastic month for Infiniti, our best since 2007,” said Ben Poore, vice president, Infiniti Americas. “Our retailers reported strong traffic in their showrooms, not only for the all-new Infiniti JX, which has successfully fulfilled customers’ desires for a unique, new take on a luxury crossover, but for our Infiniti G and M lines as well.”
Total Car Score, a leading automotive ranking and comparison website, recently recognized Infiniti as the number one scoring brand on its listing of the “Top 10 Best Car Brands for 2012.” The study, which focuses on the strength of a brand’s overall product range, is based on numerical ratings for 2012 model year vehicles by independent automotive media and reviewers.
Infiniti offers a full-line of luxury performance automobiles, including the G Coupe, Sedan and Convertible, Infiniti M sedan, EX and FX crossovers, the QX full-size SUV and the all-new JX luxury crossover.