Car Dealership Stocks

Carvana Co., along with its subsidiaries, operates a digital platform facilitating the purchase and sale of pre-owned vehicles across the United States. Their comprehensive services span the entire customer journey, including sourcing and reconditioning automobiles, providing an intuitive online browsing and transaction experience, offering financing solutions, and supplying complementary products. The company also manages its own specialized logistics network for distinctive delivery and pickup options, alongside providing extensive post-sale support. Furthermore, Carvana operates various vehicle auction sites. This company was established in 2012 and maintains its headquarters in Tempe, Arizona.

Penske Automotive Group, Inc. (PAG) is a comprehensive transportation services enterprise, primarily involved in running automotive and commercial truck dealerships. Its business activities are organized into four main segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. The company operates a network of automotive dealerships under franchise agreements with various vehicle manufacturers, facilitating the sale of new and pre-owned automobiles. These dealerships also provide essential related services, including vehicle and collision repair, assisting with finance and lease agreements, offering third-party insurance products, and selling various aftermarket items, alongside wholesale parts distribution. In the commercial truck sector, Penske manages dealerships that offer new heavy and medium-duty trucks, notably Freightliner and Western Star brands, as well as a selection of used trucks, complemented by maintenance and repair services. Expanding its global reach, the company imports and distributes Western Star heavy-duty trucks, MAN heavy and medium-duty trucks and buses, and Dennis Eagle refuse collection vehicles, along with their associated parts, across Australia, New Zealand, and parts of the Pacific. Additionally, Penske acts as a distributor for diesel and gas engines and various power systems. Globally, Penske Automotive Group oversees 320 retail automotive franchises, comprising 146 in the United States and 174 internationally. It also operates 23 CarShop used vehicle centers in both the U.S. and the U.K., and 37 commercial truck dealerships situated in Texas, Oklahoma, Tennessee, Georgia, Utah, Idaho, Kansas, Missouri, Oregon, and Canada. The company was established in 1990 and maintains its headquarters in Bloomfield Hills, Michigan.

Lithia Motors, Inc. operates as a prominent automotive retail enterprise throughout the United States. Its business is strategically divided into three key segments: Domestic, Import, and Luxury vehicle sales. The company's comprehensive offerings encompass the sale of both brand-new and pre-owned automobiles, alongside a full spectrum of vehicle financing solutions. Customers can also access extended warranties, various insurance contracts, and protection services designed for vehicle and theft security. Beyond sales, Lithia Motors delivers automotive repair and maintenance expertise, and distributes vehicle body components and parts under its proprietary Driveway and GreenCars brands. As of February 18, 2022, the company managed 278 physical dealerships and extended its reach online through more than 300 distinct websites. Founded in 1946, Lithia Motors, Inc. has its corporate headquarters situated in Medford, Oregon.

CarMax, Inc., together with its associated entities, functions as a prominent purveyor of previously owned automobiles across the United States. Its business operations are strategically structured into two principal divisions: CarMax Sales Operations and CarMax Auto Finance. Through its retail offerings, the company provides an extensive selection of pre-owned vehicles, including various domestic, imported, and luxury models, in addition to hybrid and electric options. Customers also have the opportunity to purchase extended protection plans at the time of their vehicle acquisition. Separately, CarMax sells older, higher-mileage vehicles—typically around ten years old with over 100,000 miles—via wholesale auctions. Furthermore, CarMax delivers reconditioning and repair services for its vehicles. For its retail clients, the company facilitates a range of financing alternatives designed to accommodate diverse credit profiles, managed both by its internal CarMax Auto Finance segment and through arrangements with various external financial institutions. As of February 28, 2022, CarMax operated a network comprising approximately 230 retail locations specializing in used cars. Founded in 1993, CarMax, Inc. maintains its corporate headquarters in Richmond, Virginia.

AutoNation, Inc. functions as an automotive retailer throughout the United States, organizing its operations across three primary segments: Domestic, Import, and Premium Luxury. The company offers a comprehensive array of automotive products and services, including both new and used vehicle sales. Its service portfolio extends to automotive repair and maintenance, wholesale parts supply, and collision services. Additionally, AutoNation provides various automotive finance and insurance products, such as vehicle service agreements and other protective offerings, and facilitates vehicle financing for customers through partnerships with third-party sources. By December 31, 2021, the company's footprint included 339 new vehicle franchises spread across 247 stores, predominantly located in major metropolitan areas within the Sunbelt region. Its infrastructure further comprised 57 AutoNation-branded collision centers, 9 AutoNation USA used vehicle stores, 4 AutoNation-branded automotive auction operations, and 3 parts distribution centers. Founded in 1991, AutoNation, Inc. is headquartered in Fort Lauderdale, Florida.

Rush Enterprises, Inc. is a prominent provider of commercial vehicles and associated services throughout the United States. Operating a vast network of dealerships known as Rush Truck Centers, the company offers a diverse selection of new commercial vehicles from renowned manufacturers such as Peterbilt, International, Hino, Ford, Isuzu, IC Bus, and Blue Bird. Beyond new vehicle sales, Rush Enterprises facilitates the acquisition of pre-owned commercial vehicles, supplies a comprehensive range of aftermarket parts, and delivers essential services including maintenance and repair, financing solutions, and vehicle leasing and rental. To support its commercial clients further, the company extends various insurance options, such as property and casualty coverage – encompassing collision, liability, cargo, and credit life policies. Its service portfolio also covers specialized offerings like equipment and parts installation and repair, comprehensive paint and body shop services, thorough pre-delivery inspections for new vehicles, and truck modification capabilities, including natural gas fuel system integration. Moreover, Rush Enterprises performs body and chassis upfitting, component installation, and retails tires specifically designed for commercial use. It also offers both new and used trailers, and vehicle telematics products. Uniquely, the company manufactures its own compressed natural gas (CNG) fuel systems and their associated components for commercial vehicles. The diverse clientele spans regional and national commercial fleets, large corporations, governmental bodies at local and state levels, and independent owner-operators. Operating across numerous U.S. states, its extensive network includes locations in Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Missouri, Nevada, Nebraska, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, Tennessee, Texas, Utah, and Virginia. Founded in 1965, Rush Enterprises, Inc. maintains its corporate headquarters in New Braunfels, Texas.

OPENLANE, Inc., including its various subsidiaries, functions as a leading digital platform designed for the transaction of pre-owned vehicles, connecting buyers and sellers across major markets in the United States, Canada, Continental Europe, and the United Kingdom. The company's operations are distinctly divided into two primary segments: Marketplace and Finance. The Marketplace segment offers comprehensive digital services for both acquiring and divesting used vehicles. This is augmented by an array of value-added ancillary services, such as inbound and outbound transportation logistics, vehicle reconditioning, detailed inspection and certification, titling assistance, administrative support, and collateral recovery. A key component of this segment is the OPENLANE platform, a mobile application-enabled solution that empowers dealerships to effectively source and sell their inventory. The clientele for this segment is diverse, including commercial fleet operators, financial institutions, rental car companies, new and used vehicle dealerships, and vehicle manufacturers. Conversely, the Finance segment specializes in providing floorplan financing. This entails offering short-term, inventory-secured capital specifically to independent vehicle dealers. Established in 2006 and headquartered in Carmel, Indiana, the company underwent a name change in May 2023, transitioning from its former identity as KAR Auction Services, Inc. to OPENLANE, Inc.

Group 1 Automotive, Inc. functions as an automotive retail enterprise, operating through its various subsidiary companies. The firm's primary activities include vending new and pre-owned automobiles and light commercial vehicles, as well as vehicle components. Moreover, it facilitates service and insurance contracts, arranges financing for vehicle purchases, and offers a full suite of automotive maintenance and repair services. The company's geographic reach extends across 17 states in the United States and encompasses 35 different towns in the United Kingdom. As of July 11, 2022, Group 1 Automotive, Inc. maintained ownership and operation of 204 automotive dealerships, 273 franchises, and 47 collision repair centers, collectively presenting products from 35 distinct car brands. The company was established in 1995 and its corporate base is located in Houston, Texas.

Asbury Automotive Group, Inc. functions as a prominent automotive retail enterprise across the United States. The company offers a wide array of products and services to vehicle owners, encompassing the sale of both new and pre-owned automobiles. Additionally, it provides comprehensive vehicle repair, maintenance, and replacement parts services, alongside specialized collision repair. Asbury also assists customers with finance and insurance solutions, such as facilitating vehicle financing through third-party lenders. Its supplemental offerings include aftermarket products like extended service agreements, guaranteed asset protection (GAP) debt cancellation, pre-paid maintenance plans, and credit life and disability insurance. As of the close of 2021, the company operated 205 new vehicle franchises, showcasing 31 distinct automotive brands, distributed across 155 dealership locations. Furthermore, it managed 35 collision repair facilities throughout the U.S. Established in 1996, Asbury Automotive Group, Inc. maintains its corporate headquarters in Duluth, Georgia.

Sonic Automotive, Inc. operates as a significant automotive retailer across the United States, structuring its diverse business activities into two primary divisions: Franchised Dealerships and EchoPark. The Franchised Dealerships segment is responsible for selling both new and pre-owned cars and light trucks, in addition to supplying replacement parts. This division also provides a full range of services, including routine vehicle maintenance, authorized manufacturer warranty repairs, and specialized paint and collision repair. Moreover, it assists customers in securing supplementary products such as extended warranties, service contracts, financing options, insurance, and other aftermarket offerings. The EchoPark segment specializes in the retail of used cars and light trucks. Operating from its dedicated pre-owned vehicle specialty stores, this division also helps clients with the purchase of finance and insurance products. As of December 31, 2021, Sonic Automotive's extensive network included 140 new vehicle franchises representing 28 distinct automotive brands. The company also managed 17 collision repair centers spread across 17 states, alongside 46 EchoPark stores located in 16 states, which comprised 11 Northwest Motorsport pre-owned vehicle outlets. Founded in 1997, Sonic Automotive, Inc. is headquartered in Charlotte, North Carolina.

CarGurus, Inc., established in Boston, Massachusetts, in 2005, manages a prominent online ecosystem for vehicle transactions, serving both buyers and sellers across the United States and internationally. The company's operations are divided into two main segments: the U.S. Marketplace and Digital Wholesale. Essentially, CarGurus offers an expansive digital automotive marketplace where individuals can search for new and pre-owned vehicle listings from numerous dealerships. Simultaneously, it empowers dealers by linking them with a vast, engaged consumer base and supplying them with practical, data-driven market intelligence. The platform provides an array of specialized features to simplify the car buying and selling journey. For instance, "Digital Deal" allows prospective buyers to begin their purchase directly from a vehicle's detailed listing, while "Finance in Advance" enables qualified consumers to secure pre-approved financing from partnering dealerships. For individuals looking to sell their vehicles, CarGurus offers "Sell My Car – Top Dealer Offers," where dealers present customized trade-in valuations, and "Sell My Car – Instant Max Cash Offer," which facilitates quick online sales of consumer vehicles to dealerships. Furthermore, CarGurus delivers various products to its dealership partners, including listing enhancements and analytical data tools. It also presents advertising avenues for automotive manufacturers and other businesses, focusing on strategies like brand reinforcement, category sponsorship, exclusive automobile segment positioning, and targeted consumer exposure. The company expands its reach through additional platforms such as Autolist, another online automotive marketplace accessible via mobile apps and its website, and PistonHeads, a comprehensive automotive hub featuring a marketplace, an auction platform, and editorial content for car enthusiasts. CarGurus, Inc. adopted its current name in June 2015, having previously operated as CarGurus LLC.

Driven Brands Holdings Inc., operating through its various subsidiaries, offers a comprehensive suite of automotive services to both individual consumers and business clients across the United States, Canada, and international markets. Their core offerings encompass a wide array of solutions, including paint and collision restoration, glass repair and replacement, general vehicle maintenance and mechanical repairs, car washing, and essential oil change services. Beyond direct service provision, the company also plays a significant role as a distributor of automotive parts. It supplies vital components such as radiators, air conditioning parts, and exhaust systems to diverse establishments, including auto repair facilities, parts retailers, and body shops. Furthermore, Driven Brands manages distribution networks for windshields and other glass accessories, and provides consumable items like oil filters and wiper blades. The company also extends its expertise by delivering specialized training programs for professionals within the repair, maintenance, and body shop sectors. Driven Brands operates under a diverse portfolio of recognized brand names, including Take 5 Oil Change, IMO, CARSTAR, ABRA, Fix Auto, Maaco, Meineke, Uniban, 1-800-Radiator & A/C, PH Vitres D'Autos, Spire Supply, and Automotive Training Institute. As of December 25, 2021, its extensive operational footprint comprised 4,412 locations, a mix of company-owned, franchised, and independently run establishments. Established in 1972, Driven Brands Holdings Inc. maintains its corporate headquarters in Charlotte, North Carolina.

ACV Auctions Inc. manages a sophisticated digital exchange where buyers and sellers converge for the online auctioning of wholesale vehicles. Beyond this core offering, the company delivers extensive data services that provide insights into the condition and market value of used automobiles, along with offering financial solutions for its customers. Founded in 2014, the enterprise is headquartered in Buffalo, New York.

Uxin Limited functions as an investment holding company, primarily engaged in China's automotive retail sector. It operates a digital platform dedicated to facilitating the buying and selling of pre-owned vehicles. Complementing this online marketplace, Uxin offers a comprehensive suite of services. These include the procurement of used cars, thorough inspection and reconditioning, warehousing, extensive pre- and post-sale customer support, and various value-added vehicle products. Furthermore, the company assists with warranty and repair services, vehicle delivery, and the essential processes of title transfers and registration. Established in 2011, Uxin Limited's headquarters are located in Beijing, China.

Camping World Holdings, Inc., through its subsidiaries, functions as a leading retailer of recreational vehicles (RVs) and provides a comprehensive suite of related merchandise and support services. Its business activities are organized into two main divisions: Good Sam Services and Plans, and RV and Outdoor Retail. Under the Good Sam brand, the company offers an extensive range of services, protective coverage plans, and valuable resources for the RV community. These include extended vehicle warranties, roadside assistance programs, property and casualty insurance options, and travel protection plans. It also hosts consumer events centered on RVs and outdoor pursuits, publishes a variety of monthly and annual RV-focused magazines, and oversees the "Coast to Coast Club." The RV and Outdoor Retail segment features the sale of both new and pre-owned RVs, alongside vehicle financing solutions. It delivers in-depth RV repair and maintenance services, as well as specialized collision repair encompassing tasks such as fiberglass cap replacement, windshield installation, interior refurbishment, and paintwork. Customers can also find a vast inventory of RV components, gear, and accessories, which includes towing equipment, navigation systems (GPS and satellite), electrical and lighting products, appliances, and furniture. Additionally, Camping World caters to outdoor enthusiasts by supplying equipment, apparel, and provisions for activities like camping, hunting, fishing, skiing, snowboarding, cycling, skateboarding, and various marine and watersports. The company also operates the Good Sam Club, a membership program that grants discounts on numerous products and services and provides co-branded credit cards. As of December 31, 2021, Camping World maintained a physical presence with approximately 187 retail locations distributed across 40 U.S. states. It engages with its customers through a blend of brick-and-mortar dealerships and advanced online and e-commerce channels. Founded in 1966, the company's corporate headquarters are located in Lincolnshire, Illinois.

RumbleON, Inc. utilizes a sophisticated, technology-powered omnichannel platform to streamline the aggregation and distribution of pre-owned vehicles across North America. Its operations are structured across three distinct segments: The Powersports division focuses on the distribution of motorcycles, while its Automotive counterpart handles cars and trucks. The Vehicle Logistics segment rounds out its services by offering transportation solutions for automotive assets, primarily facilitating movement between dealerships and auctions. Through its comprehensive platform, both dealers and individual consumers can engage in buying, selling, trading, and financing a wide range of new and pre-owned vehicles, with options available for both online transactions and in-store experiences. Originally incorporated in 2013 as Smart Server, Inc., the company adopted its current name, RumbleON, Inc., in February 2017. It maintains its headquarters in Irving, Texas.

Kingsway Financial Services Inc., operating through its subsidiaries, engages in a variety of ventures encompassing extended warranty services, real estate, and specialized consulting. The company's operations are organized into three principal divisions: Extended Warranty, Leased Real Estate, and Kingsway Search Xcelerator. The Extended Warranty segment focuses on the marketing, sale, and administration of vehicle service agreements and associated products for new and used cars, motorcycles, and ATVs. This segment also offers new home warranty products and provides uninsured warranty administration services to both homebuilders and homeowners. Furthermore, it distributes warranty solutions to manufacturers, distributors, and installers of heating, ventilation, and air conditioning systems, standby generators, commercial LED lighting, and commercial refrigeration equipment, in addition to supplying equipment breakdown and maintenance support to various companies. The Leased Real Estate segment possesses a significant real property asset, which is a parcel of approximately 192 acres located in Texas. Kingsway Search Xcelerator delivers outsourced financial and human resources consulting services. These services include operational accounting, covering bookkeeping, general accounting, financial reporting, and analysis; strategic finance services; technical accounting, which encompasses initial public offerings, SEC reporting, and international consolidation; human resources, workforce management, and compliance support; and broader advisory services. The company distributes its offerings through a wide array of channels, including credit unions, dealers, homebuilders, and directly to consumers. Kingsway Financial Services Inc. was founded in 1989 and is headquartered in Itasca, Illinois.

Cango Inc. manages an extensive online platform for automotive transactions across mainland China. This platform serves as a central hub, linking various stakeholders in the industry, such as car manufacturers, dealerships, financial lenders, and individual consumers. The company's core offerings include solutions for vehicle sales. It provides support to dealerships by assisting with car procurement, logistics, and storage, while also simplifying the car-buying process for consumers. Beyond vehicle sales, Cango facilitates automotive financing by connecting buyers with financial institutions for loans. Additionally, it extends its services to the after-market, helping car owners acquire insurance policies through its network of brokers and companies. Established in 2010, Cango Inc.'s main office is situated in Shanghai, People's Republic of China.

SunCar Technology Group Inc. (SDA) is a Chinese enterprise that, through its subsidiaries, delivers integrated digital solutions for automotive after-sales support and online insurance brokerage. Its comprehensive operations are divided into three distinct segments: The Insurance Intermediation Business segment focuses on facilitating both traditional vehicle insurance renewals and specialized coverage for new energy vehicles (NEVs). Meanwhile, the Automotive After-Sales Business provides essential post-sales services to a diverse clientele, including banking institutions, insurance companies, and other corporate clients. Lastly, the Technology Business segment develops and offers auto insurance Software-as-a-Service (SaaS) products, alongside various other technical support services. Established in Shanghai, China, in 2007, SunCar Technology Group Inc. maintains its headquarters there.

Through its various subsidiaries, America's Car-Mart, Inc. functions as an automotive retailer across the United States. The company's core business involves selling pre-owned, older model vehicles, complemented by providing financing solutions directly to its clientele. As of April 30, 2022, it managed 154 dealership locations, predominantly situated within the South-Central U.S. This Rogers, Arkansas-based enterprise commenced operations in 1981.

Autozi Internet Technology (Global) Ltd., through its various subsidiary operations, supplies an extensive array of automotive goods and associated services across the People's Republic of China. These are made available to customers via both digital online platforms and conventional physical retail outlets. The company's core business involves the sale of new vehicles, alongside a comprehensive range of auto components and accessories. Furthermore, Autozi provides services linked to automotive insurance, including enhanced maintenance programs, assistance with claims and repairs, and acting as an intermediary for insurance policies. Established in 2010, the firm's headquarters are situated in Beijing, China.

Jiuzi Holdings, Inc. operates in the retail sector, distributing new energy vehicles, plug-in electric vehicles, and their associated parts and components. The company conducts this business through its network of Jiuzi-branded retail stores, which are both franchised and directly managed via its variable interest entity, Zhejiang Jiuzi New Energy Vehicles Co., Ltd. As of March 15, 2022, Jiuzi Holdings had established a presence with 37 franchised outlets and one company-owned store, all located within the People's Republic of China. The firm was established in 2017 and maintains its corporate headquarters in Hangzhou, China.

Lazydays Holdings, Inc. is an American enterprise primarily engaged in the operation of recreational vehicle (RV) dealerships, all branded under the Lazydays name. The company offers a broad range of products and services, encompassing RV sales, maintenance, and repair work, alongside financial and insurance options. Customers can also access third-party vehicle protection plans and a variety of aftermarket parts and accessories. Furthermore, Lazydays Holdings, Inc. manages an RV resort located in Tampa, Florida, which is also the city where the company was founded in 1976.

Kaixin Auto Holdings operates primarily as a vehicle retailer within the People's Republic of China, focusing on the sale of both domestically produced and imported automobiles. Its product offerings prominently include luxury brands such as Audi, BMW, Mercedes-Benz, Land Rover, Bentley, Rolls-Royce, and Porsche. By the close of 2021 (December 31), the company's network had expanded to 14 used car dealerships, distributed across 14 cities in 12 different Chinese provinces. In addition to vehicle sales, Kaixin Auto Holdings facilitates financing solutions for its customers and affiliated dealers, leveraging strategic partnerships with various financial institutions. The company's main office is located in Beijing, China.

Founded in 2013 and headquartered in Shanghai, People's Republic of China, U Power Limited is engaged in the new energy sector. The company primarily focuses on the conceptualization, manufacturing, and distribution of new energy vehicles and their associated battery exchange infrastructure within China. Additionally, it provides services for battery swapping and acquisition.

Cheetah Net Supply Chain Service Inc., operating alongside its various subsidiaries, specializes in the parallel-import vehicle dealership business. The company maintains operations across multiple international markets, including the People's Republic of China and the United States. Established in 2016, it adopted its current name in March 2022, having previously been known as Yuan Qiu Business Group LLC. Cheetah Net Supply Chain Service Inc. is headquartered in Charlotte, North Carolina, and functions as a subsidiary of Fairview Eastern International Holdings Limited.