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Strategies & Market Trends : Value Investing

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To: Ditchdigger who wrote (61510)12/6/2018 12:30:48 PM
From: robert b furman  Read Replies (1) of 78748
 
My senior partner's primary wealth is being a volvo/kenworth/mack HD Truck dealer.

Basically has the central part of texas market plus some export out of Houston.

Their total list of franchise dealers is less than 90 dealers. They had a very deliberate consolidation of dealers over the last 10 years. When one wanted to sell out- they recommended a dealer and made it happen.

Very well capitalized.

Pcar has both Peterbilt and Kenworth.

They have their compressed natural gas engines ready when infrastructure builds out.

They are all about their own designs as it assure repeat service business.

Big old money at work!!

His Dad started the buick chevy store I ran and owned 20 % of for 25 years. His focus was building out the HD truck stores. That gave me the opportunity of my life. Their business is doing well as far as I know!

Bob
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