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Due to falling sales, the operation reverted to assembly only in 1968. [30] A new company, Motor Producers Limited, was formed and operations were expanded to include Datsun and Volvo models as well as Volkswagens. [30] The factory was sold to Nissan in 1976 and Australian assembly of Volkswagens ended shortly after. [30]
They are franchised by Toyota Motor Sales, USA to sell vehicles to car dealerships in the five states of Arkansas, Louisiana, Mississippi, Oklahoma, and Texas. [3] Corporate headquarters is located within the Houston Energy Corridor on a 400,000-square-foot (37,000 m 2) campus with a five and ten-story building beside an eight-story parking garage.
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Over the decades the business has continued to grow and has now evolved into a group that consists of 30 Canadian dealerships from coast to coast. Today, The Murray Automotive Group has over 1,500 employees and sells nearly 15,000 vehicles each year. Claire’s sons, Doug, Paul, Dan and Chris are 3rd generation Murray’s in the business.
An example illustrates why. Fred buys auto parts and resells them. In 2008, Fred buys $100 worth of parts. He sells parts for $80 that he bought for $30, and has $70 worth of parts left. In 2009, he sells the remainder of the parts for $180. If he keeps track of inventory, his profit in 2008 is $50, and his profit in 2009 is $110, or $160 in total.
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