Prestige Pontiac Buick GMC dealership closing in Ypsilanti Township
An Ypsilanti Township automotive dealership is closing as a result of General Motors Corp.'s decision to shutter over 1,000 outlets in the U.S.
Prestige Pontiac Buick GMC is winding down operations at its facility at 444 James L. Hart Parkway. New vehicles have been moved offsite, while remaining employees are taking care of administrative details and completing some service work.
The dealership was part of the Prestige Automotive dealership group, based in St. Clair Shores. Owner Gregory Jackson also owns the dealership property in Ypsilanti Township, located just south of I-94 at Huron Street.
Jackson did not return calls seeking comment.
The Ypsilanti Township dealership is among about 1,900 originally slated to close as GM worked through bankruptcy. The company announced Tuesday that 900 of those dealerships would not be closed.
An employee of the dealership said staff has been offered transfers to other facilities within the company.
Jackson also operates four other auto dealerships, according to his web site: Mercedes Benz of St. Clair Shores, Toyota of Warren, Prestige Courtesy Ford in Okemos and Orange Park Mitsubishi in Jacksonville, Fla.
The dealership paid over $106,000 in property taxes to Ypsilanti Township in 2009, according to township records. Its assessed value fell to $1.8 million in 2009 from $2.1 million in 2008. Jackson's company paid $4.3 million for the property in 2002.
Meanwhile, Prestige employees are referring customers to other nearby dealerships.
"We're saddened that it closed," said Larry Doe, township treasurer.