Marks the second consecutive year Car Pros is ranked in the top 50; the group, which represents Kia, Hyundai, Honda, BMW and MINI, is 4th in the nation in sales per rooftop
RENTON, WA – April 17, 2024 – Car Pros Automotive Group, a leading automotive sales and service group, announced today that it ranked 48th in the 2024 Automotive News List of Top 150 Dealer Groups with a total of 20,349 new retail units sold in 2023, the second consecutive year the company ranked in the Top 50. Notably, Car Pros is the only dealership in the top 50 with a single digit number of dealerships and, according to Car Pros calculations, Car Pros Automotive Group, which has 9 rooftops, is number 4[1] in the nation in sales per rooftop.
The top 150 dealership groups collectively retailed 3,764,272 new vehicles in 2023, representing a 24.1 percent share of the industry's total retail sales of 15,614,328. In 2022, the groups on the list sold 23.3 percent of the industry's retail sales, or 3,231,490 of the industry's 13,865,803 vehicles sold. The top 150 dealership groups continue to own a larger percentage of the industry's overall dealership count as the consolidation trend continues.
“We are proud to, once again, be in the Automotive News List of Top 150 Dealer Groups,” said Matthew Phillips, CEO of Car Pros Automotive Group. “Our top 50 ranking is reinforced by our continued strong performance in 2023 where we achieved record sales of more than $1 billion and continued to expand our footprint through the acquisition of two dealerships. These achievements, among others, underscore how our mission of changing lives through high-performance and values-led dealerships can reap success, and are made possible by our outstanding Car Pros team. I thank them for their continued hard work and dedication.”
Phillips noted that, just this month, Car Pros Kia was named among “The Best CPO Dealers in the USA” in Auto Remarketing Magazine[2], and Car Pros Kia Glendale ranked number 2 for Kia. In addition, Car Pros Honda El Monte received the 2023 Honda Masters Circle award from American Honda Motor Co., Inc. for the second year in a row and ranked #24 in the nation in 2023.
Car Pros was founded in 1993 by the Phillips family as a small used car lot with two employees. Together with his family, Matthew Phillips built Car Pros into one of the fastest growing dealership groups in the United States today with more than 700 employees and nine dealerships in Western Washington and Southern California, selling over 2,400 cars per month. Car Pros serves customers in the communities of Renton, Tacoma, Glendale, Los Angeles, Huntington Beach, and Moreno Valley.
About Car Pros Automotive Group
Car Pros Automotive Group is a leading automotive sales and service group, with dealerships representing Kia, Hyundai, Honda, BMW and MINI. Founded in 1993 by Ken Phillips, Car Pros currently has annual sales of $1 billion and is the top selling Kia retailer in the nation, having retailed over 175,000 new Kia models. The retailer is committed to changing lives through high-performance and values-led dealerships. Led by CEO Matthew Phillips, Car Pros is shaping the future of automotive retail: Franchise, professional, tech-savvy, values driven, and people focused. Visit https://www.carpros.com to learn more.
Media Contacts:
Angela Jacobson, mWEBB Communications, angela@mwebbcom.com, (714) 454-8776
Melanie Webber, mWEBB Communications, melanie@mwebbcom.com, (949) 307-1723
[1] Calculated by Car Pros based on sales results for top 150 as reported by Automotive News, divided by number of rooftops.
[2] https://www.autoremarketing.com/ar/retail/best-cpo-dealers-brand-by...
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