

I think there’s an amazing opportunity in the Boulder area, especially the way that the Hyundai brand has been evolving. Josh Letsis, managing partner of Medved Autoplex within Foundation Automotive, is also very excited about adding the Boulder market to Medved’s group of now 5 dealerships. They are expected to close on another 16 dealerships this year, which would make a grand total of 40 for the booming automotive group. “Our relationship with Hyundai has been tremendous as well as our relationship with Hyundai Capital America.” Foundation is continuously looking for further growth and more acquisitions.

He was a pillar in the community of Boulder as well as an icon among his employees,” said Kevin Kutschinski, Chief Executive Officer and President of Foundation Automotive Corp. Boulder Hyundai was purchased from Jeff Baca, we truly want to continue his legacy. “We are very excited about our new acquisition to add to our platform in the greater Denver area. Foundation Boulder Hyundai is Foundation Automotive’s second Hyundai dealership and 8th addition to the Denver market, it will join the Medved Autoplex family. BOULDER, Colo.-( BUSINESS WIRE)-Today, Foundation Automotive is pleased to announce the addition of Foundation Boulder Hyundai, the 23rd acquisition for the rapidly growing automotive group.
