A popular east Windsor car dealership has been sold.
John Chisholm has sold his Rose City Ford on Tecumseh Road East near Jefferson Blvd to Auto Canada Inc.
"It was a very difficult decision indeed but one that has been in the works for quite sometime," says Chisholm.
Chisholm tells AM800 News the dealership has been in his family for more than 35-years and he wasn't looking to sell but could not pass up on the offer.
"I never thought about it until I had an opportunity to float a balloon out there in the market place and we just got an offer that I couldn't refuse," says Chisholm.
Chisholm says he will still own the land and buildings, but calls it a historic deal.
He says this is the first Ford dealership that's going to be owned by a public company.
"They're a very very good company," says Chisholm. "They are a public company and their headquartered in Edmonton, Alberta. They presently have 63 dealerships and I believe we'll be number 64 and they're an excellent, excellent company to deal with."
He adds all staff members will remain with the dealership.
"That was one of the elements of the deal that was really attractive and that is it will not affect the staff at all," says Chisholm. "It's business as usual for our staff and both Sophie, my wife and I are staying on."
Chisholm says he will stay on and work with the new ownership group.
He expects the deal to by finalized by December 1st.