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Subaru of America, Inc. (commonly abbrevriated as SOA), based in Camden, New Jersey, is the United States–based distributor of Subaru's brand vehicles. SOA is a subsidiary of Subaru Corporation of Japan. The company markets and distributes Subaru vehicles, parts and accessories through a network of more than 600 dealers throughout the United ...
Asbury Automotive was formed in 1995 by Tom Gibson, a former vice president with Subaru of America. [5] One of the company's original moves was to form a joint venture with Atlanta-based dealer Jim Nalley before acquiring his 11 dealerships outright in 1997. Nalley oversaw the stores until his retirement in 2004; his sons currently own ...
Subaru BRZ a car jointly developed by Toyota and Subaru . Toyota increased their share of FHI to 16.5% in July 2008. [19] Subsequently, Toyota and Subaru jointly developed the Subaru BRZ, first sold in January 2012. Toyota sold the BRZ as the Scion FR-S until 2018, where it was renamed to the Toyota 86 due to the discontinuation of Scion in 2016.
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.
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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