For megadealer Hendrick Automotive Group, variety is the spice of life. The second-largest privately owned dealership group in the US, Hendrick Automotive sells new and used cars and light trucks under some 30 makes, from Acura to Volvo. It has a network of around 85 dealerships in 12 states from the Carolinas, to Texas, to California. The company also offers financing, as well as automobile parts, accessories, maintenance, and body repair services at two dozen collision centers. Founder and chairman Rick Hendrick owns the company, which began in 1976 as a single dealership in Bennettsville, South Carolina. He also founded Hendrick Motorsports, a major force in NASCAR Sprint Cup auto racing.
The Carolinas are Hendrick Automotive's largest market, home to nearly 60% of its dealerships. The company recently expanded in South Florida with the purchase of Pompano Beach Honda.
In 2011, Hendrick Automotive's dealerships sold more than 120,000 vehicles bringing in about $4.9 billion in sales. In 2010 Hendrick sold over 107,000 vehicles and generated in excess of $4.3 billion in revenues. – less