Bomnin Chevrolet Acquires Grand Prize Chevrolet
After two years of negotiation, Bomnin Chevrolet has acquired Grand Prize Chevrolet. The acquisition of the West Kendall, Fla.-based dealership expands Bomnin Chevrolet’s footprint in the Miami area, allowing the operation to offer service to customers in more than one location.
MIAMI — After two years of negotiation, Bomnin Chevrolet has acquired Grand Prize Chevrolet, the company announced today. The acquisition of the West Kendall, Fla.-based dealership is expected to expand Bomnin Chevrolet’s footprint in the Miami area, allowing the operation to service customers in more than one location.
“Grand Prize Chevrolet has truly been a model of excellence in the community and we are eager to continue to expand on the decades of good work they have done,” said Arnaldo Bomnin, owner of Bomnin Chevrolet. “We’re grateful to the South Florida community for supporting us. This opportunity will allow us to better serve the community by offering more locations and expanding our service capabilities.”
According to the company, Bomnin Chevrolet was already the largest Chevrolet retail dealership in the southeastern United States prior to its recent acquisition. It was also the fifth largest dealership in the nation. Bomnin Chevrolet was also one of 50 Chevy dealers to receive the 2015 Chevrolet Dealer of the Year Award. Grand Prize Chevrolet was also a 2015 recipient of the award.
"It's remarkable that both of these dealers have been recipients of GM's highest honor,” said Carlos Latuour, Chevrolet zone manager for South Florida and the Caribbean. “It's truly a story of one great dealer buying another great dealer, and we look forward to their continued success under Arnaldo's leadership.”
Originally posted on F&I and Showroom
More Dealer Ops

Ladies and Gentlemen, This Is a Dealership: Why the Fundamentals Still Decide Who Wins
A teaching moment by a legendary football coach happens to apply perfectly in the auto retail space. Learn what it is and how to use it to your store’s advantage.
Read More →
Timing the Market Can Hurt Long-Term Program Performance
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
Read More →
Dealer Ads and the FTC
The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
Read More →
Used Autos Supply Dwindles
The March shopping surge, despite high prices, cut into inventory by the most since the thick of the pandemic, Cox Automotive analysts calculated.
Read More →
Managing Risk Effectively Through Changing Times
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
Read More →
Survey Reveals What Won't Fix What's Breaking Car Sales
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
Read More →
IA American Appoints Two Execs
Senior vice presidents of the company's agent and dealer channels chosen to support general agents and help auto dealers with sales and performance.
Read More →
Cox Automotive Acquires Inspection Firm
Full ownership of Alliance Inspection Management, or AiM, meant to unlock growth for Manheim inspection capabilities
Read More →
Assurant Expands Partnership With Holman
Extended collaboration delivers training, products and performance development to 30 newly acquired Holman dealerships
Read More →
Franchises, Throughput Down in First Half
A handful of states see franchise growth through June, while EV sales per store boost overall business in U.S.
Read More →