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Sonic Automotive is a Fortune 500 company based in Charlotte, North Carolina, and is the fifth largest automotive retailer in the United States as measured by total revenues. [3] The company was founded by O Bruton Smith and completed its initial public offering on the NYSE in 1997.
Collier Motors is a private car dealership primarily selling cars built by American Motors Corporation (AMC) as well as with other makes. The business was for many years an AMC franchised dealership located on business U.S. Route 117 in Pikeville, North Carolina. [1]
While CarMax stores focus on marketing used vehicles, the company acquired its first new car franchise with Chrysler Corporation in 1996. [4] By 1999, it added new vehicle franchises for Mitsubishi Motors, Toyota, and Nissan. [5] In late 2021, CarMax sold its last new vehicle dealership, located in Kenosha, Wisconsin, to the Rydell Company. [6]
The volatility in the used car market rolled on in 2022, but there might be some relief for car buyers coming this year. The Manheim Used Vehicle Value Index (MUVVI) for the month of December ...
Headquartered in Charlotte, North Carolina, his company had a revenue in excess of US$3.5 billion in 2009, after selling 100,000 vehicles and servicing 1.5 million, and is the sixth-largest dealership in the United States. [3] Hendrick is also the chairman of the company. [4] [5]
Hendrick Motorsports race shop in Concord, North Carolina. What is now Hendrick Motorsports was founded prior to the 1984 season by Rick Hendrick, a Charlotte, North Carolina–based car dealership owner who currently operates a network of dealerships called Hendrick Automotive Group.