Search results
Results from the WOW.Com Content Network
In October 2017, Sonic sold its Capitol Chevrolet & Hyundai franchise in Columbia, SC to the Stivers Automotive Group. In May 2018, Sonic sold its Lone Star Ford franchise in Houston, TX to the Doggett Auto Group. [20] The store was renamed Doggett Ford and moved into a new facility alongside Doggett's John Deere equipment dealership. [21]
Fortune 500 companies based in Houston [1] Rank Company name 12: ExxonMobil: 48: Phillips 66: 60: Sysco: 105: Enterprise Products Partners: 106: Hewlett Packard ...
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. [18] By 2011, AutoNation was the first auto retailer in the U.S. to sell a total of 8 million vehicles. [19]
The search engine that helps you find exactly what you're looking for. Find the most relevant information, video, images, and answers from all across the Web.
[14] [15] Shelby introduced Friedkin to Toyota, and Friedkin entered into an agreement to distribute Toyota vehicles from the Port of Houston. Gulf States Toyota Distributors (GST) was founded in 1969. [16] [14] Toyota Dealers in the remaining 40 states receive their vehicles from Toyota Motor Sales.
[16] [17] In December 2012, Advance Auto Parts acquired BWP Distributors—a Carquest franchise for the New England region—that included the transfer of 124 company owned retail locations plus 2 distribution centers. [18]
A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.
Lithia Motors began in 1946 when Walt DeBoer opened a single car dealership in Ashland, Oregon.In the first year, the five-person company sold 14 cars. [16] In 1968, Walt's son, Sidney DeBoer, took over the business and incorporated Lithia Motors Inc. Sidney reorganized the business and in 1970 purchased a Dodge dealership in Medford.