Friday , July 13, 2018 - 6:10 PM2 comments
OGDEN — The Young Automotive Group has been around since 1925, but the company’s growth during the past decade has superseded anything that came in the more than 80 years before it.
The company’s persistent expansion and increasing stronghold on the Top of Utah’s automobile landscape continued Friday, as Young celebrated the official opening of its third dealership in the Ogden area.
The recently acquired location — a Young Hyundai — sits at 3333 Wall Ave. The facility was purchased from the Ogden-based Russo family, who own and operate Westland Ford, just to the southeast of the new Hyundai dealership.
Young also has a Subaru dealership at 3920 Riverdale Road and an Avis Car Sales at 3079 Wall Ave.
The new Hyundai facility marks the 22nd franchise for the auto retailer, which began in Morgan County but is now headquartered in Layton.
For the past two years, the company has been recognized by Utah Business as one of the 50 fastest growing businesses in the state. Young’s Utah dealerships stretch from Kaysville to Logan. The company also has facilities in southern Idaho.
President Spencer Young Jr. said in a certain sense, the past decade of rapid growth came out of necessity.
“Really, what drove it was the economic crash in 2008 and 2009,” he said. “We basically had two brands at the time — GM and Chrysler. And when those companies struggled, we did too. We were looking around at each other saying, ‘What are we going to do to not ever return back to this kind of helpless feeling.’ ”
Young said the decision was made to open up the breadth of the business and include more manufacturers. Along with the previously mentioned Hyundais and Subarus, today the company also sells Fords, Kias, Mazdas, Toyotas, Hondas and more.
“Now, we're not going through those ups and downs as much,” Young said. “Everything stays pretty level.”
Young said the company doesn’t plan on stagnating. Though he declined to discuss specifics, he said the auto group continues to look for opportunities to open new businesses along the Wasatch Front, as well as southeastern Idaho and even into Colorado and Nevada.
Ogden City Chief Administrative Officer Mark Johnson said the additional Ogden business is good for the city. The dealership figures to help pad the city’s sales tax base.
“Obviously, we want people to come and spend money in Ogden,” Johnson said. “This (dealership) will help us with that.”
You can reach reporter Mitch Shaw at email@example.com. Follow him on Twitter at @mitchshaw23 or like him on Facebook at Facebook.com/MitchShaw.StandardExaminer.
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