TORONTO, Feb. 21 /CNW/ - Mercedes-Benz Canada today announced the sale
and transfer of ownership of the Three Point Motors franchised dealer
operation in Victoria and its satellite facility in Nanaimo, British Columbia
to Dr. Sylvester Chuang. Both facilities will continue to operate under the
name of Three Point Motors.
Three Point Motors in Victoria was first franchised in 1967 and has been
located on three different sections of Government Street over the years. In
1984, Jack Julseth took over the Three Point Motors franchise in Victoria. A
brand new dedicated smart showroom was completed in 2006 and the remaining
Victoria facility was totally renovated into a stunning, state-of-the-art
building in 2007.
A conveniently located satellite facility was added in Nanaimo in 1998 to
serve the growing population of Vancouver Island.
For more than 20 years, Jack Julseth was instrumental in developing a
sound and well-respected Mercedes-Benz franchise in both markets; he will now
concentrate his efforts on other key businesses in his portfolio.
His successor and new owner of the two Three Point Motors operations,
Dr. Sylvester Chuang, is well-known in the automotive industry as he has been
in business with Mercedes-Benz for decades and owns the M-B Oakville Autohaus
Mercedes-Benz franchise in Oakville, Ontario.
Peter Trzewik will remain General Manager for both Three Point Motors
locations and all 51 existing employees will be retained in their respective
Marcus Breitschwerdt, President and CEO of Mercedes-Benz Canada said: "I
want to thank Jack Julseth for his hands-on commitment and passion. He worked
relentlessly for more than 20 years to build a solid Mercedes-Benz
organization with a strong focus on customer satisfaction in both Victoria and
Nanaimo. We are grateful for his infectious enthusiasm in our brands,
Mercedes-Benz and smart. We wish Jack all the very best in his future
Marcus Breitschwerdt further remarked: "I am delighted to welcome
Sylvester Chuang as a valuable and experienced partner in a second
Mercedes-Benz franchise in Canada. We have known him for many years as a loyal
partner and excellent operator who shares our passion for our brand and
product, and foremost for our customers."
For further information:
For further information: JoAnne Caza, (416) 847-7550,
email@example.com; Arden Nerling, (416) 847-7556,