Eastern Automotive Acquires Field Hyundai Suzuki in Leesburg, VA

Robert Bassam, President of Eastern Motors has acquired Field Hyundai Suzuki from auto dealer Michael Field of Virginia Beach. Eastern Motors operates more than a dozen used vehicle dealerships in the Washington DC Metroplitan Area. Field Hyundai Suzuki is Eastern Motors first new car dealership. Mr. Bassam explained that this acquisition will open up significant financing opportunities for his customers at all of his dealerships. The reported sales price was approximately $6,000,000.