Alan Jay Automotive Network, which has grown in Florida to 15 brands and 11 rooftops, branched out to the Detroit area in 2018, buying four dealerships, including two All Pro Nissan stores that abruptly closed last fall.
The All Pro Nissan stores — part of a dealership group owned by former NFL linebackers Antonio Pierce and Jessie Armstead and auto industry veteran Michael Saporito — closed after Nissan Motor Acceptance Corp. filed lawsuits against the owners in August. Nissan's captive finance company alleged the group failed to repay millions of dollars in floorplan loans after selling hundreds of vehicles.
The sudden closure of several All Pro stores spurred lawsuits from Nissan and Hyundai captive units. But it also opened the door for Alan Jay's northern expansion and a reunion of college friends.
Alan Jay closed on All Pro Nissan of Macomb in Clinton Township and All Pro Nissan of Dearbornon Dec. 27 and the stores reopened a day later, said Alan Jay Wildstein, CEO of the Sebring, Fla., automotive group. Financial terms were undisclosed.