Wednesday, 24 August 2011 19:00

Car-Mart Continues to Expand, Opens 9th Store in AL

Continuing its expansion, America’s Car-Mart broadened its buy-here, pay-here dealership footprint in Alabama. The newest rooftop is located in Albertville, AL, raising Car-Mart’s total in the state to nine.

Car-Mart now has 108 dealerships spread through Alabama, Arkansas, Indiana, Kentucky, Missouri, Oklahoma, Tennessee and Texas.

“Car-Mart has tremendous growth opportunities especially in states like Alabama. Albertville is our ninth location in Alabama, a state that has potential much like our home state of Arkansas, where we have 37 dealerships,” explained William “Hank” Henderson, president and chief executive officer of Car-Mart.

Henderson added the Albertville dealership will be managed by Brad Martin, “who is very excited to lead our efforts at this great new Car-Mart location.”

Elaborating more on the company’s future, chief financial officer Jeff Williams reiterated Car-Mart anticipates opening new lots at an approximate 10-percent annual rate.

Read 1720 times