New Owner At Webster Groves Subaru
Joe Fichter sells dealership begun 45 years ago
After 45 years, Joe Fichter has sold his Webster Groves Subaru dealership to Jay Keras of Memphis, Tennessee.
July 06, 2018
Webster Groves Subaru, 7982 Big Bend Blvd. in Old Orchard, has changed ownership from Joe Fichter to Jay Keras.
"Forty-five years and 34,650 miles is a long time, but it doesn't seem that long when you have enjoyed living it," Fichter said. He explained that the mile figure represents his drive to and from work over the past 45 years.
"I recently sold my life's passion, Webster Groves Subaru. I would not be sitting here today if it wasn't for support from the local and surrounding communities. I wish my business partner Carl Meyer, whose life was cut short, would be here today to pass the torch."
The new owner, Jay Keras, is from Memphis, Tennessee.
"His family has a long and successful history in the automotive business. He is retaining all of our 42 employees and all will retain their benefits. This all meant so very much to me," Fichter said. "The Keras dealerships are very involved in their local communities, which is the same way we have operated here in Webster Groves. Jay has assured me they will continue that involvement. It has been an honor for me being able to serve the community for many years."
Fichter said he will stay at Webster Groves Subaru in a consultant position.