Hendrick Automotive Group

6000 Monroe Road, Charlotte, NC 28212

2

BPI
Financial Rating

3.5

BPI Stakeholder Rating

3.2

BPI Social Responsibility Rating

Raised on a farm near the small community of Palmer Springs, Virginia, Rick Hendrick worked on and raced cars under the watchful eye of his father, “Papa Joe.” After high school, he pursued a co-op work-study program with North Carolina State University and Westinghouse Electric Company in Raleigh, North Carolina. While in Raleigh, Hendrick opened a small used-car lot with established dealer Mike Leith. Its success convinced Leith to name him general sales manager of his new-car import operation at the age of 23. Founding: In 1976, Hendrick sold off his assets to purchase a struggling franchise in Bennettsville, South Carolina, thus becoming, at 26, the youngest Chevrolet dealer in the United States. His influence sparked a dramatic sales increase as the once troubled location soon became the region’s most profitable. These triumphs paved the way for Hendrick to purchase Charlotte, North Carolina-based City Chevrolet. Under Hendrick’s leadership, the dealership became the No. 1 volume Chevrolet franchise throughout North Carolina and South Carolina. In late 1979, despite strong in-market competition, Hendrick built the first free-standing Honda dealership in Columbia, South Carolina. The location was a showcase for Honda, promoting it as the manufacturer’s premiere dealership on the east coast and a future facility benchmark.

2.9

Overall Excellence Rating

Industry

Wholesale

Category

Vehicle Dealers

ESG/Ethical Impact

Since 2010, Hendrick Automotive Group has been proud to work with Quest Resource Management Group on our environmental sustainability efforts. All 100+ of our dealerships, service centers and collision locations participate in this program, as we are committed to a cleaner way to do business. In 2020 alone, Hendrick Automotive Group recycled over 27,000,000 pounds of waste. The volume recycled prevented the emissions of over 38,000 metric tons of CO2.We recycled approximately 1,625,000 gallons of used motor oil, over 910,000 pounds of oil filters, and over 333,000 used tires. The amount of energy generated from the use of these recycled tires alone generated enough power to run approximately 561 households for an entire year. In addition to automotive supplies, we also recycled over 4,350,000 pounds of cardboard and plastics, which prevented the emission of over 5,000 metric tons of carbon dioxide. Thank you to Quest for helping us take care of the environment we all live and work in.

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Awards Received

2023

Revenues

$9,500,000,000.00

Website Traffic

Employee Rating

3

Customer Rating

4

Company Size

10000+

ESG Risk Rating

3

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