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Yellowknife Motors sold

Thandie Vela
Northern News Services
Published Wednesday, September 21, 2011

A deal to sell Yk Motors Ltd., a dealer of General Motors vehicles, to former Yellowknife Chrysler general manager Greg Boucher was signed on Monday.

The official takeover will be effective Oct. 3, Yk Motors owner Tony Vane said.

The gas station on the site is not part of the deal and will be shut down within the next 10 days, according to Vane. The overall business employs about 26 people. However, the eight workers employed at the gas bar - including four full-time, and four part-time workers - will be out of work with the closure of the gas station, he said.

"It's time to retire," said Vane, who purchased the dealership in 1984 with partner Otto Stabec. "The past 27 years people were very good to us. We've had good customers. We were very happy and hopefully the people were happy with us."

Boucher, who has lived in Yellowknife since 2003, said he is "definitely very committed to the community.

"We want to maintain the level of service people have become accustomed to," said Boucher, who added that owning his own franchise was something he had been working toward for some time.

"GM represents one of the strongest lines in the country so I'm excited to have a chance at taking that over," he said.

The dealership, which was originally located where the bowling alley stands now on 52 Avenue when it was opened in the late 1950s, moved to its current location at the corner of 49 Avenue and 48 Street in the early 1970s.

Vane would not disclose other terms of the private sale but said he, his partner, and Boucher - who ended his employment with Chrysler last week - are satisfied with the deal.

"Everybody's happy. Employees are happy too," Vane said.

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