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Article: Used-car group is recruiting rejected dealerships.(NEWS)
- Article from:
- Automotive News
- Article date:
- August 24, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Bradford Wernle
Several former Chrysler executives and dealers are helping recruit rejected Chrysler and General Motors dealerships to establish a used-car chain called AutoStar Superstore.
The plan is to open the first five stores Oct. 1 one each in Albuquerque, N.M.; Portland, Ore.; Las Vegas; St. George, Utah; and Pittsburg, Texas says George Lovato Jr., chairman of AutoStar Dealer Network in Albuquerque. Lovato is the founder of Rent Rite Car Rental Systems Inc., the eighth-largest car rental company in the country.
AutoStar Dealer Network plans to open five stores a month for the first three months and then increase to 10 a month, ...