Sale of the dealership for about $11 million — including property — at 3939 S. Memorial Dr. was completed Aug. 8.
Owners are Don Thornton, owner of Lexus of Tulsa, and Sam Pack who owns three large Ford dealerships in Dallas.
No personnel changes are planned at the Cadillac dealership, said Thornton. Immediate plans call for improving the physical facilities and introducing some procedures currently in use at Lexus and Land Rover of Tulsa.
Thornton noted that when he bought that dealership six years ago that very few changes were made and most personnel still are in place.
The transition to the Cadillac line of vehicles is almost seamless for Thornton. He has known the line of vehicles for nearly all of the 33 years he has been in the automobile business and has sold Cadillacs.
He came to Tulsa and bought into the Lloyd Brown Porsche dealership almost the same time that John Thomas arrived in late 1968 to buy the Greenleaf-Stunkard dealership, then located between East 11th and East 12th Streets on South Boston.
The dealership moved to the South Memorial location in 1979.
‘‘John and I became good friends during that short time before his death,’’ Thornton said.
‘‘Our goal as new owners is to provide sales and service as good as it was in the past and make improvements where needed.’’
The expectation for the Cadillac line is very bright, Thornton continued. General Motors has had its difficulties, but they have redesigned the vehicle and there is nothing but optimism among their dealers about the future.
‘‘Sam (Pack) and I had frequent discussions about the purchase more than a month before the sale was concluded,’’ he said. GM has put a lot of research and development into this division to make it viable for the future.