BorgWarner is a US-based American company formed in 1880 and headquartered in Auburn Hills, Michigan, United States. It provides automotive services in 24 locations and has about 39,000 employees in 2023. Also, the company falls under the largest automotive supplier in the world.? BorgWarner was the result of a merger of different manufacturing companies in the United States and other countries in 1928. Moving forward, the company shifted its headquarters from Chicago to Detroit. Soon after that, it also invested in different companies' facilities. Further, BorgWarner acquired companies across the world.?
Asbury Automotive Group is a US-based auto dealership company that was formed in 1995 and is headquartered in Duluth, Georgia, United States. It provides services to the whole United States and is ranked 360 on the Fortune 500 in 2022. The company was started by Tom Gibson in 1995, and it owns about 198 franchises all over the world. Asbury Automotive is recognized as the largest automotive retailer in the United States.? The company?s original purpose was to form a joint venture with Jim Nalley. Currently, Nalley?s sons own the dealerships in Georgia, Alabama, and other places. Overall, Asbury owned 11 dealerships in 1997. The company acquired Jim Koons automotive dealership group in 2023.?
Sonic Automotive is a public automotive that was founded on January 1, 1997, by Ollen Bruton Smith. The headquarters of the company is in Charlotte, North Carolina, U.S., and it is the fifth largest automotive retailer brand in the United States in terms of revenue. The current CEO and chairman of the company is David Smith. As of 2021, the company has a total number of 10,200 and operates in 24 states. Sonic Automotive has more than a hundred stores in the U.S., selling the products and cars of more than 25 brands. Moreover, during the launch of this company when it went public in 1997, it had only 20 stores. In 2022, Sonic Automotive got 300th place on the Fortune 500 companies list. Apart from that, it is also part of the S&P 600 components.
LKQ is a U.S.-based company that provides automotive parts for vehicles and other automobiles. It operates in North America, Taiwan, Europe, etc. It was formed in 1998 by Donald F. Flynn and headquartered in Nashville, Tennessee, U.S. The company sells replacement systems, equipment, and auto parts for repair and performance vehicles. This company was seated in the 300th position on the Fortune 500. Donald Flynn started the LKQ Corporation in 1998 by acquiring Triplett Automotive Recycling in Ohio. He was the chairman of the corporation until 2011. He passed away in the same year. Since then, the company made several acquisitions of various auto parts suppliers and dealers such as Rhiag, Fource ADL, Stahlgruber, etc.
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