![]() Denver residents remember that for years Medved was known as the dealership that was "locally owned, locally operated and locally involved." That continues. Kutschinski had this opportunity when he started, and now, he's paying it forward with his businesses.Ĭonsumers benefit from this policy with stores owned and managed locally. Rather than entirely buying the dealership, they prefer local "dealer partners" with an equity stake. Unlike other auto groups, Foundation keeps its dealerships hometown dealers. Medved fostered in the market, and although he has left us albeit large shoes to fill, we will take the challenge happily." Kutschinski went on to say, "We intend to continue the amazing legacy that Mr. Over the next 32 years, Medved grew the company from a single Chevrolet store on the westside of Denver to include Cadillac, Kia, and in Castle Rock: Ford, Chevrolet, Buick, GMC, Chrysler, Dodge, Jeep, and Ram. John Medved came from Detroit in 1988 with cowboy dreams, bought the business and moved it to its present location in Wheat Ridge. Craig Chevrolet established itself as a stalwart business in downtown Arvada and continued for the next 46 years. Founded in the waning days of the Great Depression in July 1942 by well-known Arvada character Rubin Craig, the original Chevrolet dealership thrived despite a world war and shortages of inventory. That continuity of service is vital to the people of Colorado. Jose Medina, who has been with Medved for the past four years, moves up to General Manager of the all-new Castle Rock Chrysler Dodge Jeep Ram. Coming from Greeley, Bill Hendershot, formerly with Spradley Barr Ford Lincoln, will be the General Manager of Castle Rock Ford and Castle Rock Chevrolet Buick GMC. Same friendly sales force and technicians in the service areas and all General Managers are longtime residents of Colorado. Foundation will rebrand the dealership in Castle Rock as the new Castle Rock Autoplex to emphasize its ties to the community, its new ownership, and its independence. However, the most visible change will be right on the buildings. At 28, he was the youngest general manager in a dealership that's a Fortune 500 company he has also built his last dealership into the number one Chevy dealer in the state. Josh started in the car business when he was eighteen. Veteran Denver dealer, Josh Letsis is taking the reins at the Medved Autoplex in Wheat Ridge as Managing Partner. "What we're doing is coming in and re-working some of the key processes, creating efficiencies, and providing additional support." Over the years, Kramer became one of the most respected auto businessmen in the nation. We like that," said Chuck Kramer, Chief Operating Officer for Foundation, and an old car guy starting literally in the trenches lubricating cars at a dealership. "These are good stores with good people running them. One of the fastest-growing automotive dealership groups in North America, Foundation Auto, has a visionary management team consisting of a mix of operations, sales, and analytical professionals. Medved over the years, and we immediately connected personally through values, principles, and work ethic," said Kevin Kutschinski, Chief Executive Officer of the Denver and Houston-based corporation. In short, the business is in overdrive, and that's good for Colorado. For Coloradans, it means better prices, more choices, and world-class service for their cars, trucks and sport utilities. finished the acquisition of the Medved dealerships in Wheat Ridge and Castle Rock, bringing their portfolio of North American auto dealerships to eighteen and three collision repair facilities. 3, 2020 /PRNewswire/ - The two men set their pens down on the table, shook hands followed by generous amounts of hand sanitizer – owing to the pandemic – and the Colorado automotive landscape was changed.
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