Smart Choice Automotive Group, Inc. Planning to Open Six Additional Used Car Centers
30 May 1997
Smart Choice Automotive Group, Inc. Planning to Open Six Additional Used Car CentersTITUSVILLE, Fla., May 29 -- Smart Choice Automotive Group, Inc. announced today plans to open six additional used car centers in Florida. They will be located in West Palm Beach, Melbourne, Titusville, Lake Worth, Largo and Brooksville. Smart Choice now has a total of seventeen used car centers and has contracted to buy two new car dealerships. Gary R. Smith, president and CEO stated, "These six locations, the recent signing of the Manheim lease to use the Imperial Auto Auction property as our reconditioning facility and the new Team location in Pinellas Park, keeps the company on track with its plan to operate a total of 30 locations by the end of 1997." Smart Choice Automotive Group, Inc. (formerly Eckler Industries, Inc.) consolidates new and used car dealerships and finance companies. Smart Choice, one of the largest used car dealers in the state of Florida, operates in the following Florida markets: West Palm Beach, Orlando and Tampa/St. Petersburg. In addition, the Company has acquired three automobile finance companies which service approximately 5,000 customers and have approximately $22 million in net finance receivables. Smart Choice Automotive Group, Inc. also operates insurance and dealers consulting divisions as well as Eckler Industries, one of the nation's leaders in Corvette parts and accessories with more than 95,000 customers. SOURCE Smart Choice Automotive Group, Inc.