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In Memoriam: Stephen (Steve) Xavier Foley Sr.

April 6, 2018
Stephen (Steve) Xavier Foley Sr., 92, died March 23 after a full and productive life.
After service in the U.S. Army and shortly after his 1952 marriage to Mercedes (nee Meyenberg), Mr. Foley left his position at General Motors Acceptance Corporation to pursue a career in car sales at Hollingshead Oldsmobile on Chicago’s South Side. He moved from sales to management and in 1964 he became the dealer/owner of Hollingshead Oldsmobile, renaming it Steve Foley’s Hollingshead Oldsmobile.
In 1974, Mr. Foley sold the Oldsmobile dealership, purchased a Cadillac dealership in Northbrook and renamed it Steve Foley Cadillac. He added Rolls-Royce and Bentley franchises there in 1983, and he purchased and sold other dealerships in Illinois, Wisconsin and Florida over the years. At one time, he also owned and operated several tire and service centers throughout the Chicago area.
Mr. Foley served 19 years on the board of the Chicago Automobile Trade Association, including as chairman in 1978-1979 and as Chicago Auto Show chairman in 1980. He also was a member of the Cadillac Advertising Association and the National Dealer Council. He received the Distinguished Alumnus Award from his high school alma mater, Quigley Seminary in Mundelein, in 1994.
Mr. Foley was involved in and supported many charitable organizations. He and Mercedes served twice as chairpersons of the Loyola Stritch School of Medicine Awards Dinner. The dinner is the longest-running black-tie gala in Chicago and continues to raise hundreds of thousands of dollars for medical student scholarships.
Survivors include his wife of 65 years, Mercedes; daughters Mary Margaret, Cathy, and Maureen; a son, Steve Jr.; and grandchildren Steve, Ryan, Mercedes, and Richard.
 
 

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