Dealerships change hands.

• Position: Alaska Sales and Service Inc. and Peninsula Ford are sold

Dealerships Change Hands. Two automobile dealerships, Alaska Sales and Service in Anchorage and Peninsula Ford in Soldotna, were sold this spring in separate transactions.

Acquiring Alaska Sales and Service is a group of investors led by Anchorage businessman Carl Brady Jr. and including Leonard Bryant, the dealership's vice president and general manager; Robert Penney, Anchorage businessman; and M.B. Buettner of California. Bryant becomes dealer-operator, in addition to remaining vice president and general manager.

Sellers are Jim Medema and Doug Hulen, who acquired interests in the business in 1960 and 1971, respectively. The purchase price was undisclosed, and corporate approval from General Motors was pending in early May.

Alaska Business Monthly ranked Alaska Sales and Service, with 1989 revenues of $107 million, the eighth-largest Alaskan-owned, Alaska-based business in a 1990 tally. Founded in 1944, the General Motors outlet carries a full line of GM cars, including Chevrolet, Cadillac, Buick, Pontiac and Oldsmobile; Geo; and GMC trucks. It is the nation's 25th largest truck dealership.

The Nye group of Alaska automobile dealerships is expanding again with the purchase in April of Soldotna's Peninsula Ford for an undisclosed price. Final approval by the Ford Motor Co. was pending in early May. Sellers of...