PROFILE |
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Auto malls -- what a concept! Donald Toresco, owner of Toresco Enterprises, helped pioneer the idea. The company's largest unit, Autoland of New Jersey, which represents Chrysler-Plymouth, Dodge, Ford, Jeep, and Toyota, sells more than 16,000 new cars annually. Five other locations, also in New Jersey, sell Chevrolet, Mazda, Kia, Lincoln-Mercury, and Lexus models in additon to those listed above. New cars are 70% of business, but Toresco's dealerships also sell used cars and offer service, financing, leasing, and fleet sales. Chairman and CEO Toresco founded his company in 1965 as a used-car dealership; he also has interests in the real estate and insurance industries.
COMPETITION |
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Holman Enterprises (dossier)
Hometown Auto Retailers, Inc. (HCAR)
Planet Automotive Group, Inc. (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 550.00
1-Yr. Sales Growth: 11.1%
Employees: 682
Revenue per employee: $806,451.61
KEY PEOPLE |
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Donald Toresco
CEO
CONTACT INFO |
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170 Route 22 East
Springfield, NJ 07081
US
Phone: 973-467-6191
Fax: 973-467-1824
Online: Web Site
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