FI showroom red and grey logo
MenuMENU
SearchSEARCH

Ohio River Area Stores Sell

Trio of dealerships shift from one area family group to another.

November 7, 2024
Ohio River Area Stores Sell

Pioneer Chevrolet in Marietta, Ohio, one of the three stores sold, will continue operating under that name.

Credit:

Thomas Peden 

1 min to read


Three auto dealerships in the Ohio River border area between West Virginia and the Buckeye state changed hands, joining a small but growing group.

The Chevrolet, Ford and Honda stores were sold by Richard Nourse, who’s operated in the market for 35 years, said the Tim Lamb Group, which brokered the transaction for the seller. Nourse will continue to run his five other dealerships in Chillicothe, Ohio.

Ad Loading...

“I hadn’t contemplated selling, but when I was presented with the opportunity to sell to the Pedens I really had to consider it,” Nourse said in a press release on the sale. “I’ve heard great things about the Pedens and the accomplishments they have achieved in the Zanesville market, and I knew they would be great stewards to continue what we have built in the community.” 

Picking up the trio of dealerships in a 15-mile radius were West Virginia natives Thomas Peden II and his sister, Ashley Peden, who grew up nearby. Thomas bought his first stores with a two-dealership purchase in Zanesville, Ohio, in 2020. The duo are third-generation dealers.

Pioneer Honda in Parkersburg, W.Va, was rebranded as Parkersburg Honda; Pioneer Chevrolet in Marietta, Ohio, will continue operating under that name; and Family Ford Lincoln, also in Marietta, is now Pioneer Ford Lincoln.

ANOTHER RECENT DEAL: California Dealership Sells to Victory

More Industry

road winding through redwood trees, California EV Market Cools, F&I and Showroom logo
Industryby Lauren LawrenceApril 22, 2026

California Holds EV Lead Despite Annual Decline

At nearly 14%, California had the lowest zero-emission vehicle market share in the first quarter since the fourth quarter of 2021, according to the California New Car Dealers Association.

Read More →
Portrait of Todd Sands with Brown & Brown branding, announcing his appointment as chief revenue officer and vice president of alternative markets.
Industryby StaffApril 20, 2026

Brown & Brown Appoints Executive

The new chief revenue officer joins the company from one of its partner firms and is an industry thought leader in participation programs.

Read More →
Hyundai Motor Group Tech Talent Forum 2026 September 17-18 San Jose, California. background of starry night
Industryby Lauren LawrenceApril 20, 2026

Hyundai Hosts Tech Talent Forum

Technology leaders from Hyundai Motor Group will have open discussions at the inaugural HMG Tech Talent Forum on topics ranging from autonomous driving to 'smart' manufacturing.

Read More →
Ad Loading...
Up-close photo of car battery
Industryby Hannah MitchellApril 13, 2026

Automaker Increases Parts Recycling

Stellantis is adding a third end-of-life vehicle dismantling facility to feed its growing reuse business sparked in large part by autos’ growing lifespans.

Read More →
electric vehicle next to an urban charging station. EV Demand Diverges. F&I and Showroom logo
Industryby Lauren LawrenceApril 10, 2026

EV Interest Varies Regionally

U.S. consumer interest in electric vehicles lags behind other countries despite the rising gas prices caused by the ongoing war in the Middle East.

Read More →
Photo of the rear of a Mercedes GLC 400 electric SUV with a skyline in the background
Industryby Hannah MitchellApril 10, 2026

Brands Weighed on Projected Recalls

Research reveals the brands and models most likely to have higher recall rates over their lifetimes. While some brands rank high, addressing safety issues can be a selling point.

Read More →
Ad Loading...
car outline on top of a data background
Industryby Lauren LawrenceApril 7, 2026

Dealers Seek Actionable AI

Dealers are facing growing frustrations with current generic artificial intelligence tools, according to a survey by Lotlinx, which found they want a solution that understands their inventories.

Read More →
black background with orange text saying Alec Hagey Toyota Financial Services President and CEO effective April 6 with picture of Alec Hagey
Industryby Lauren LawrenceApril 6, 2026

Toyota Financial Services President Replaced

Scott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.

Read More →
photo of Volkswagen vehicle steering wheel and interior
Industryby Hannah MitchellApril 1, 2026

One of Earliest U.S. Auto Dealers Exits

The sale of two Minnesota franchises ends a rare multigenerational business while adding to one of the Midwest’s biggest auto groups.

Read More →
Ad Loading...
2026 NADA Chairman Rob Cochran and outgoing chairman Thomas Castriota
Digitalby Hannah MitchellApril 1, 2026

New at the Wheel

2026 NADA Chairman Rob Cochran knows a thing or two about leadership after decades in the business. He brings an emphasis on stewardship to his new role at the head of the country’s major auto retail trade group.

Read More →