Sky Automall has laid off 46 employees from its Center Point location, according to a WARN notice filed March 9. The filing by the automotive leadership group did not list a reason for the layoffs.
Sky Automall Laid Off Employees in Linn County
Sky Automall laid off employees at its facility at 1001 Ford Lane, Center Point, IA 52213. The layoffs took effect on March 6, three days before the filing of the WARN notice.
Sky Automall is a family-owned auto dealership group located in Iowa. The company sells both new and used cars. Sky Automall also provides financing and services for a variety of models, such as Chrysler, Dodge, Jeep, Ram, and Ford.
The Tovstanovsky family owns the dealership, with Yelena Tovstanovsky serving as dealer principal and Alex Tovstanovsky as general manager. It started as a small used-car business and grew into a full-service dealership network that serves Cedar Rapids and the eastern part of the state of Iowa.
The company also offers vehicle delivery and online inventory browsing. This allows customers to purchase vehicles remotely and arrange delivery within Iowa and other parts of the country.
Layoffs at Acquired Dealership in Newhall
The layoffs also affected one of the company’s dealerships in Newhall, Benton County. Sky Chevrolet laid off 30 employees on March 6 from its facility at 7300 28th Ave.
Sky Automall acquired two Van Horn Automotive Group dealerships in Iowa last year. The transaction involved the sale of Van Horn Ford and Van Horn Chevrolet in Newhall, Iowa, and was advised by the Performance Brokerage Services.
After the acquisition, the dealerships were renamed Sky Ford and Sky Chevrolet. The dealerships continue to operate at 7300 28th Avenue in Newhall. The purchase allowed Sky Auto Mall’s owners to expand their presence in Iowa by adding more automotive brands to their dealership portfolio.
The layoffs at Sky Automall impacted dozens of employees in Linn and Benton counties. There are speculations about major operational changes due to mass layoffs.
