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In 2009, during the great recession, AutoNation announced a newly formed AutoNation Payment Protection program, promising that the dealership will buy back any car at market value, should the owner lose their job. [20] By 2011, AutoNation was the first auto retailer in the U.S. to sell a total of 8 million vehicles. [21]
Dave Smith Motors was one of the first car dealerships to take advantage of the Internet. In the late 1990s when many dealerships saw the Internet as a threat, [8] Dave Smith embraced the Internet and used it as a tool to increase sales. Since the beginning of the list, Dave Smith Motors has ranked high on Ward's Auto e-Dealer 100 list. [9]
New cars make up 49% of retail auto sales, with used cars making up the other 51%. [36] Additional revenues come from auto repair at the dealerships, financing, and insurance sales. [37] In 2013 Lithia was named No. 9 on Automotive News' list of the 125 largest U.S. dealership groups, with retail new-vehicle sales of 56,960 units in 2012.
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The V-10 sports car was brought down to clean off three decades of the elements. Dodge Viper Comes Down from Dealership Sign After 28 Years Skip to main content
While CarMax stores focus on marketing used vehicles, the company acquired its first new car franchise with Chrysler Corporation in 1996. [4] By 1999, it added new vehicle franchises for Mitsubishi Motors, Toyota, and Nissan. [5] In late 2021, CarMax sold its last new vehicle dealership, located in Kenosha, Wisconsin, to the Rydell Company. [6]
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