Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
America's Car-Mart history
America's Car-Mart company history timeline
He bought a few cars and opened the first Car-Mart in 1981 in Rogers, Arkansas.
The Rogers dealership recorded immediate success, prompting management to open three more dealerships in 1982, each offering the company's "Buy Here/Pay Here" financing.
St Charles's signature property, a riverboat casino located in Calcasieu Parish, Louisiana, was completed in mid-1995, by which time Crown Group already had begun to reduce its ownership stake in the casino company.
Tilman J. Falgout, III, who had served as Car-Mart's general counsel since 1995, was appointed chief executive officer.
The program to expand into variegated business interests began in June 1997, when the company added two companies to its fold.
In May 1998, Crown increased its interest in Paaco to 65 percent and its interest in Precision to 100 percent.
In February 1999, the company took a 50.1 percent interest in CG Incorporated, S.A. de C.V., which was formed to develop and operate casinos in El Salvador.
By 1999, revenues had reached $111 million.
Geographically, the company had expanded into Kentucky, Indiana, and Kansas since 1999, giving it a presence in seven states.
The company began to retreat from its other businesses, divesting its casino holdings and lodging interests and, by April 2001, reducing its equity position in Precision to 50 percent.
Smart Choice was sold in October 2001.
2001: Crown Group announces it will sell all its businesses except for Car-Mart.
Much of the company's success depended on its ability to effectively prosecute its "Buy Here/Pay Here" financing model. "It requires daily execution to keep contact with customers," an analyst said in a September 17, 2002 interview with Investor's Business Daily.
Rate America's Car-Mart's efforts to communicate its history to employees.
America's Car-Mart jobs
Do you work at America's Car-Mart?
Does America's Car-Mart communicate its history to new hires?
America's Car-Mart competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| U-save Car & Truck Rental | - | $200.0M | 750 | 1 |
| Texas Independent Automobile Dealers Association | 1944 | $1.3M | 25 | - |
| Cart Mart | 1959 | $9.0M | 51 | - |
| Superior Auto Glass | - | $450,000 | 10 | - |
| Van Horn Automotive | 1966 | $440,000 | 6 | 45 |
| Automotive Specialists | 1965 | $560,000 | 10 | - |
| Trust | 1977 | $6.3M | 60 | 3 |
| Clay & Company | - | $400,000 | 10 | 5 |
| Royal Motors | 1904 | $1.4M | 25 | - |
| First America Corp | - | $2.8M | 62 | - |
America's Car-Mart history FAQs
Zippia gives an in-depth look into the details of America's Car-Mart, including salaries, political affiliations, employee data, and more, in order to inform job seekers about America's Car-Mart. The employee data is based on information from people who have self-reported their past or current employments at America's Car-Mart. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by America's Car-Mart. The data presented on this page does not represent the view of America's Car-Mart and its employees or that of Zippia.
America's Car-Mart may also be known as or be related to America's Car-Mart, America s Car Mart, America's Car-Mart, Inc., America's Car-Mart Inc, America's Car-Mart Inc. and America's Car-mart, Inc.