America’s Car-Mart Opens New Dealership in Cabot, AR
July 13 2020 - 4:00PM
America’s Car-Mart, Inc. (NASDAQ: CRMT) today announced the opening
of a new dealership located in Cabot, AR. This will be the
thirty-eighth dealership in Arkansas, the first dealership opening
in fiscal year 2021 and our 149th dealership. The dealership
will be managed by Dennis Johnson, with the assistance of Chris
Martin. This will be the second dealership managed by Mr.
Johnson as we look to expand the number of customers served by our
top performing general managers.
“A great deal of thought and foresight is placed on our
decisions about where to grow. We select communities where we
believe we can fill a void when it comes to what we offer at
Car-Mart,” said Jeff Williams, President and Chief Executive
Officer, “We’re different from traditional dealerships. In addition
to providing quality, used vehicles we also provide financing and
exceptional service after the sale. We are committed to providing
peace of mind for our customers and we believe communities are
better when we are there.” “We’re excited about joining the Cabot
community. It’s a growing area with a lot of potential,” said Mr.
Johnson. “At Car-Mart, we offer a unique buying process for our
customers where it’s not just a purchase, but an experience. We get
to know our customers and work closely with them on flexible
financing that meets their needs and budgets.”
This new dealership is located at 177 Arena
Road; the hours are 10 a.m. to 6 p.m., Monday through Saturday. The
store is closed on Sundays. Customers can also shop online at
Car-Mart.com, or begin the financing approval process with
Car-Mart’s online application at Car-Mart.com/getapproved.
About America's Car-Mart
America’s Car-Mart operates automotive
dealerships in twelve states and is one of the largest
publicly-held automotive retailers in the United States focused
exclusively on the “Integrated Auto Sales and Finance” segment of
the used car market. The Company specializes in the sale of
quality, pre-owned vehicles, and features flexible used car
financing options for customers with bad credit, no credit,
repossessions or even past bankruptcy and emphasizes superior
customer service and the building of strong personal relationships
with its customers. The Company operates its dealerships primarily
in smaller cities throughout the South-Central United States
selling quality used vehicles and providing financing for
substantially all of its customers. For more information
about America’s Car-Mart, including investor presentations, please
visit our website at www.car-mart.com.
Car-Mart was named to the Forbes 2019 America’s
Best Mid-Size Employers list for two consecutive years and has sold
nearly 700,000 vehicles since fiscal year 2000.
Jeff Williams, CEO at (479) 464-9944 or Vickie Judy, CFO at (479) 464-9944
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