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Shelby Automobiles, Inc. was founded in 1983 and began operation in 1985 out of a shop in Whittier, California, near the Chrysler-Shelby Performance Center, producing performance versions of Chrysler cars. The first product was the 1986 GLHS, a higher-performance version of the Omni GLH.
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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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