CRMT, I didn't remember the ticker; it has recently gone through a name change (the old crown group)
America's Car-Mart, Inc.
4040 N. MacArthur Blvd., Ste. 100
Irving, TX 75038
cngr.com
Phone: 972-717-3423
Fax: 972-719-4466
America's Car-Mart (formerly Crown Group) aims to become king of sub-prime used-car sales. The company owns 95% of America's Car-Mart and 70% of Smart Choice Automotive Group, both of which target consumers with poor or limited credit histories. Car-Mart has about 35 dealerships in smaller urban markets in Arkansas, Indiana, Kansas, Kentucky, Missouri, Oklahoma, and Texas. Smart Choice, including subsidiary Paaco, operates more than 20 used-car dealerships in Texas and Florida. The company is selling its 80% stake in sub-prime mortgage lender Concorde Acceptance. It sold its 50% stake in Precision IBC, which sells and rents bulk containers. The company changed its name in 2002 to show its focus on its automotive sales.
Top Competitors: AutoNation | CarMax | Ugly Duckling |
