#1 Cochran Expands VW Presence to Pittsburgh’s North Hills

Pittsburgh, PA – May 16, 2013 – #1 Cochran further solidified its position as Western Pennsylvania’s largest automotive retailer today with the acquisition of Billco Motors in Wexford. The transaction adds a second Volkswagen franchise to the company’s product portfolio in addition to a Mazda dealership, collision center and used car operation.

The acquisition raises #1 Cochran’s holdings to 21 dealerships representing 16 domestic and imported brands. Nearly all of Billco Motors’ 50 employees are joining #1 Cochran, bringing the company’s overall team member count to more than 750.

The move marks #1 Cochran’s first entry into the burgeoning North Hills market, which includes Pine Township, Cranberry Township and McCandless, among others. The company positioned the expansion as part of its ongoing commitment to serve car buyers throughout all compass points of Pittsburgh.

“The North Hills is a tremendous community and true hub for area car buyers,” remarked Rob Cochran, president and CEO of #1 Cochran. “We’re thrilled to bring our brand of customer-focused sales and service to an entirely new group of individuals.”

The opening of a second Volkswagen dealership reflects #1 Cochran’s growing partnership with the German automaker. In late 2010, #1 Cochran launched its first Volkswagen store on West Liberty Avenue in Pittsburgh’s South Hills and just completed construction of a new multi-million dollar showroom, one block from its former location.

“This is a great time to be a Volkswagen dealer and a Volkswagen customer,” said Mr. Cochran, noting that in 2012, Volkswagen of America reported a 35 percent increase over prior year U.S. sales. For its part, #1 Cochran’s South Hills’ dealership solidly led the Pittsburgh District in 2013 first quarter sales, up 61 percent from the first three months of 2012.

“We are passionate about serving the VW brand and buyer, and the success of our young South Hills store certainly attests to that,” Mr. Cochran added.

#1 Cochran’s stunning new South Hills’ showroom is the first and only in the region to feature VW’s signature “White Frame” design. The modern, modular structure boasts climate-controlled, multi-vehicle service reception, a spacious customer lounge with coffee bar, HDTV, free WiFi access, relaxed seating, and many more amenities.

“With a prime location in the South Hills and now in North Hills, #1 Cochran can provide our growing base of Volkswagen customers the best ownership experience possible,” Mr. Cochran stated.

The new #1 Cochran Volkswagen of North Hills is located at 11750 Route 19 North in Wexford, while #1 Cochran Volkswagen of South Hills is situated at 2755 West Liberty Avenue in Dormont.

About #1 Cochran
#1 Cochran is Western Pennsylvania’s leading automotive retailer and one of the top private dealer groups in the nation. Founded in 1965 as a single-point Pontiac dealership, the company now operates 21 new-vehicle franchises at showrooms throughout Monroeville, South Hills, Robinson Township, Allegheny Valley and North Hills. Through its various sales, service, and collision repair operations, #1 Cochran employs more than 750 team members. The only automotive retailer ever to win the Pittsburgh Business Ethics award, #1 Cochran is deeply committed to the communities it serves, providing support for a broad base of organizations and youth programs. More information is available at www.cochran.com.

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