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Southeast Toyota Distributors LLC, (SET) founded in 1968, is the top private distributor of Toyota vehicles in the world. [4] [5] [6] They are franchised by Toyota Motor Sales, USA to sell vehicles and parts to car dealerships in the five states of Alabama, Florida, Georgia, South Carolina and North Carolina. [7]
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]
However, some private loans may include short repayment periods, similar to zero-interest loans offered by car dealerships to clear excess inventory. Pre-construction pitfalls
The trade came about as a way for the brand to acquire a strong-performing Chevrolet franchise, as well as a plot of land beside the dealership on which the new Murray Imports BMW location could be built. [17] [18] Sonic purchased the four AutoMatch USA used car locations in Florida and Georgia in 2016. These locations were re-branded under ...
The following year, Braman took on his first import brands with the purchase of BMW and Rolls-Royce dealership C.R. Berry Motors and moved both franchises next to his Miami Cadillac dealership. [7] By 1980, Braman had Cadillac, BMW, Rolls-Royce, Fiat, Lancia, and Toyota dealerships along the 2000 block of Biscayne Boulevard in Miami.
Gus Machado, the name behind Gus Machado Ford car dealerships in South Florida, is seen here in an April 16, 2012 file photo. Machado had been in Miami since 1956. He died on May 16, 2022.
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