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Hyundai Elantra. Another option Lin recommended was the 2011-2016 Hyundai Elantra. He said the Elantra is “a budget-friendly car, costing between $6,000-$8,000, with a good fuel economy and a ...
The 1990s began the decade in a recession, which resulted in weak auto sales and operating losses. The Invasion of Kuwait by Iraq caused a temporary jump in oil prices. The automakers recovered fairly quickly. In the mid-1990s, light truck sales, which included sport utility vehicles, pickup trucks and minivans, began to rise sharply.
[11] [12] Republic's sales for 1995 were $5.2 billion. [ 10 ] In 1996, Republic Industries began purchasing new car dealerships and offering long-term contracts to owners who joined the newly created automotive division of Republic Industries, which led to the company operating twelve retail locations under the "AutoNation" brand. [ 10 ]
DriveTime is a private company headquartered in Tempe, Arizona. [3] The company's business model is focused on selling previously owned vehicles to car-buyers. [4] It uses a proprietary credit scoring model to finance car purchases at its dealerships in-house, [5] [6] including subprime lending.
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Fitzgerald Auto Mall is a family owned and operated auto dealership that was founded in 1966, with its first location opening in Bethesda, Maryland. As of 2014, Fitzgerald Auto Mall ranked number 59 on the list of the "Top 125 Dealership Groups" in the U.S., which is published annually by Automotive News . [ 1 ]