America’s Car-Mart Opens New Dealerships

America’s Car-Mart, Inc. (NASDAQ: CRMT) today announced the opening of two new dealerships located in Montgomery, Alabama and Bixby, Oklahoma.  This brings our dealership count to 143 with four new dealership openings in fiscal year 2019.  The Montgomery dealership will be managed by Pedro Mendez, with the assistance of Bill Bennett and the Bixby dealership will be managed by Jack Pew, with the assistance of Nate DeGraff.  This will be the second dealership managed by Mr. Mendez and the third dealership managed by Mr. Pew as we look to expand our number of customers served by our top performing general managers. 

 

About America's Car-Mart

 

America’s Car-Mart operates automotive dealerships in eleven states and is one of the largest publicly-held automotive retailers in the United States focused exclusively on the “Integrated Auto Sales and Finance” segment of the used car market.  The Company emphasizes superior customer service and the building of strong personal relationships with its customers. The Company operates its dealerships primarily in smaller cities throughout the South-Central United States selling quality used vehicles and providing financing for substantially all of its customers.  For more information about America’s Car-Mart, including investor presentations, please visit our website at www.car-mart.com.

Contacts:Jeff Williams, CEO at [phone] or Vickie Judy, CFO at [phone]