116 3rd St SE
Cedar Rapids, Iowa 52401
Cedar Rapids-based McGrath Family of Dealerships will acquire the Toyota of Iowa City dealership, effective April 1.
Terms of the deal were not disclosed.
This expands the McGrath reach to 14 locations and new-vehicle brands to 13.
Ken Dreusicke opened the dealership in Coralville in 1981.
Murphy McGrath, general manager of McGrath Chrysler, Jeep, Dodge and Ram., will take on a new role as McGrath Toyota of Iowa City general manager, the company said in a news release.
The addition is the McGrath group’s first franchise dealership in Johnson County since Pat McGrath Oldsmobile GMC Isuzu in 1996, the company said.