| Business Summary | | Hometown
Auto
Retailers,
Inc.
sells
new
and
used
cars
and
light
trucks,
provides
maintenance
and
repair
services,
sells
replacement
parts
and
provides
related
financing,
insurance
and
service
contracts
through
11
franchised
dealerships
located
in
New
Jersey,
New
York,
Connecticut,
Massachusetts
and
Vermont.
The
Company's
dealerships
offer
13
American
and
Asian
automotive
brands,
including
Chevrolet,
Chrysler,
Dodge,
Ford,
Isuzu,
Jeep,
Lincoln,
Mercury,
Oldsmobile,
Plymouth,
Mazda,
Daewoo
and
Toyota.
The
Company
is
also
active
in
two
"niche"
areas
of
the
automotive
market,
the
sale
of
Lincoln
town
cars
and
limousines
to
livery
car
and
livery
fleet
operators
and
the
maintenance
and
repair
of
cars
and
trucks
at
a
Ford
and
Lincoln
Mercury
factory
authorized
free-standing
service
center. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HCAR
sells
new
and
used
cars
and
replacement
parts,
provides
maintenance
and
repair
services,
related
financing,
and
insurance
and
service
contracts
through
11
franchised
dealerships
in
NY,
NJ,
CT,
MA,
and
VT.
For
the
six
months
ended
6/30/01,
revenues
fell
9%
to
$135.5
million.
Net
income
totaled
$700
thousand,
vs.
a
loss
of
$59
thousand.
Revenues
reflect
the
economic
slowdown
and
the
closing
of
the
Morristown
Lincoln
Mercury
store.
Earnings
benefitted
from
higher
operating
margins. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Corey Shaker, 43 Pres,
CEO, Director | $207K | John Stavola, 44 Acting
CFO | -- | William Muller, Jr., 49 Regional
VP, Southern Region | 200K | Steven Shaker, 31 Regional
VP, Northern Region | 113K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|