Auto Dealer Monthly

JUL 2012

Auto Dealer Monthly Magazine is the daily operations publication serving the retail automotive industry. This automotive publication serves dealer principals, officers and general managers with the latest best practices.

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Sponsored by Auto Dealer Monthly Independent Dealers of the Year Independent Dealers, making this the seventh consecutive year for the awards. The Top 50, as well as the 2012 Inde- pendent Dealer of the Year, have been selected based on sales figures submitted by independent dealers all over the country. Auto Dealer Monthly and SiriusXM Satellite Radio, corporate sponsor of this year's awards, are honored to recognize the excellent efforts of the Top 50 Independent Dealers of 2012. S Since some independents operate multiple stores in dif- ferent locations, sometimes under different store names, the Independent Dealer Awards are designed to focus on the dealer principals rather than the dealerships, allowing the individuals to be recog- nized for their efforts in used vehicle retailing. The awards are open to any independent dealership that is not nor has been publicly held. The application to enter this year's awards was fea- tured in the April and May 2012 issues of Auto Dealer Monthly and was included in several e-newsletters and social media posts. Rankings for the Top 50 Independent Dealers were based on pre-owned retail sales 22 ince 2006, Auto Dealer Monthly has annually recognized the Top 50 The 2011 Independent Retailers of the Year John Iannone, CEO Todd Hoagey, COO Auction Direct USA Victor, NY (conventional retail cash and credit sales, subprime credit sales, and buy here pay here credit sales) for the 2011 calendar year. Atop the List For the third consecutive year, John Iannone and Todd Hoagey of Auction Direct USA can jointly claim the Independent Dealer of the Year Award, by a margin of nearly 800 units over the runner-up. Their total for 2011 was 7,407 pre-owned units retailed, an increase of 749 over the previous year's sales. Auction Direct USA has four locations currently in Rochester, N.Y., Buffalo, N.Y., Raleigh, N.C., and Jacksonville, Fla., and has announced the launch of another store in Pittsburgh, Pa., in January 2013. Iannone, CEO, acknowledged that the Buffalo location only had its grand opening on June 1, 2011, meaning that it only con- tributed seven months' worth of sales to Auction Direct USA's winning total. With any luck, he said, "We should widen our gap next year."

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