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A certified pre-owned car or CPO [citation needed] is a type of used car.It is also used in references to guns and phones. The term "certified pre-owned was conceived by corporations [citation needed] in order to find a more favorable alternative to marketing products as 'used,' which causes purchasers to impose their cognitive biases associated with 'used' items onto prospective purchases.
JM Family Enterprises, Inc. (JMFE) is a diversified automotive company, founded by automotive legend Jim Moran in 1968. It is ranked by Forbes as the 16th largest privately held company in the U.S. [ 3 ]
The Morans and JM Family Enterprises gave a combined $6 million in 2000 to build the Jim Moran Heart and Vascular Center. His last donation was a five-year, $26 million Moran Challenge for the Jim Moran Heart and Vascular Research Institute , that began in 2006.
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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]
Lexus sales operations vary in structure by region. In many markets, such as the U.S., the dealership network is a distinct organization from corporate headquarters, [128] with separately owned and operated Lexus showrooms. [157] By contrast, in Japan all 143 dealerships in the country are owned and operated by Lexus. [83]
Before joining Ford in November 2007, Farley was group vice president and general manager of Lexus, responsible for all sales, marketing, and customer satisfaction activities for Toyota’s luxury auto brand. [4] From 2015 to 2017, he was CEO and chairman of Ford Europe. From June 2017 to May 2019, he was Executive Vice President and president ...
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