We have developed a comprehensive strategy to continue growth and reduce costs for both operating segments.
Execute Our Echo Park Initiative
The EchoPark business operates independently from our franchised businesses. We plan to rapidly expand our EchoPark footprint into a nationwide distribution network reaching 90% of the U.S. population by 2025.
Achieve High Levels of Customer Satisfaction
Our personalized sales process is designed to satisfy customers by providing high-quality vehicles and service in a customer-friendly environment.
Maximize Asset Returns Through Process Execution
We have developed standardized operating playbooks for our stores, which provide organic growth opportunities by offering a more favorable car-buying experience to our customers while also creating operational efficiencies in our business. We believe constant refinement of these operating playbooks will continue to enhance the customer experience and increase our market share while driving long-term shareholder value.
Maintain Diverse Revenue Streams
We have multiple revenue streams at our franchised dealerships, including new vehicle sales, used vehicle sales, arranging finance and insurance products, and parts, service and collision repair services. Used vehicle sales and parts, service and collision repair tend to be less sensitive to economic cycles and seasonal influences than new vehicle sales.
Company Leadership
Find out more about the seasoned professionals on our management team and board of directors.