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Donald E. Massey (April 28, 1928 – June 9, 2011), known as the “Cadillac King”, [1] was an American car dealer who owned a chain of automobile dealerships in the United States. At his peak, Massey was the largest Cadillac retailer in the country, accounting for approximately 6% of the brand's sales. [2]
In 2002, Sonic acquired the sixteen-location Michigan-based Don Massey Dealerships. This brought the company to 134 total locations, making it the second-largest automotive retailer at the time. The acquisition also brought Sonic to 23 total Cadillac dealerships, representing between 5-7% of the brand's total revenue. [13]
Cadillac Amsterdam Street plant: Detroit, Michigan: United States: Cadillacs: 1903: 1920: Cadillac's first volume production plant. Located at 450 Amsterdam Street. Rebuilt in 1904 after a fire destroyed the original plant; replaced by the Clark Street plant in 1921. 5 (Plant 2) 6 (Plant 1) 9 (Pre-1976) Antwerp: Antwerp: Belgium: Opel Astra ...
In the United States, a car dealership is a business that sells cars. A car dealership can either be a franchised dealership selling new and used cars, or a used car dealership, selling only used cars. In most cases, dealerships provide car maintenance and repair services as well as trade-in, leasing, and financing options for customers.
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In 1984, Chambers was looking to purchase a Cadillac for personal use and while going through the process of buying the car he became so disgusted with the experience, he made an offer to purchase the dealership on the spot for $1.7 million. Chambers found the dealerships during the mid-1980s needed to improve customer service to sell more cars.
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Circuit City issued the first CarMax stock in February 1997, when CarMax had seven locations. Initially, the stock was a tracking stock still under the umbrella of Circuit City. CarMax officially split from Circuit City as of October 1, 2002, when it was spun off as a stock dividend for Circuit City shareholders, with shares also issued to ...
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