Hendrick Automotive Group · Charlotte, NC United States
Company Description
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This link will open in a new window 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 more than 20 makes, from Acura to Volvo. It has a network of about 70 dealerships in 10 states from the Carolinas to California. The company also offers financing, as well as automobile parts, accessories, maintenance, and body repair services. 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. To read the full description, subscribe now.
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Key Hendrick Automotive Group Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| Employees | 5,000 |
Hendrick Automotive Group Executives
5 executives listed for Hendrick Automotive Group's Charlotte, NC location.
| Title | Name & Bio | Contact |
| Chairman | Joseph Riddick Hendrick | Network |
| President and CEO | James Huzl | Network |
| VP of Accounting, Audits, and Taxes | Veronica Zayatz | Network |
Competition
Competitive Landscape for Hendrick Automotive Group
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top Hendrick Automotive Group Competitors
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