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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. Used car dealers can carry cars from various different manufacturers, while ...
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. In used-vehicle sales it also ranks No. 9, with retail used-vehicle sales of 49,067 in 2012. [38]
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. [20] By 2011, AutoNation was the first auto retailer in the U.S. to sell a total of 8 million vehicles. [21]
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The Namyang Design Center, located in Hwaseong, South Korea, serves as Kia's primary design facility. [2] The facility, which is shared with parent company Hyundai, is located on over 3.3 million square meters of land and serves as the central hub for engineering work encompassing the entire design process, from pre-design studies, prototyping and extensive track testing, and full-scale wind ...
Kia Motors America (KMA), now known as Kia America, Inc., was incorporated in California on October 21, 1992, and became the American sales, marketing, and distribution arm of Kia Corporation. Kia America is based in Irvine, California , and currently offers a complete line of vehicles through more than 755 dealers throughout the United States.
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