SOURCE: AutoStar Dealer Network

AutoStar Dealer Network

October 01, 2009 20:27 ET

AutoStar® Encourages Saturn Dealers That There Is Still Hope

ALBUQUERQUE, NM--(Marketwire - October 1, 2009) - Management of AutoStar® announced today that the company has begun to reach out to each and every Saturn dealer principal, with the advent of the announcement of the massive Saturn Dealership closures.

"Saturn dealers have long been regarded as exemplary models for how retailing should be done in the automotive industry. Their high standards of professionalism and success at creating consumer loyalty make them a perfect fit for the AutoStar® Dealer Network," says George Lovato Jr., Chairman and CEO. "We can provide them with all the infrastucture and necessary tools to seamlessly transition into a profitable used car operation."

AutoStar® provides a comprehensive package of a fully integrated DMS/CRM system, assistance in floor plan financing, parts repurchase and consignment programs, oil, lubricants and chemicals, dealership recapitalization, national website portal and marketing, vehicle procurement and certified process, national advertising co-op and branding, training, F&I benefits, service and customer retention programs.

"We are currently in the process of reaching out to the Saturn dealerships and initial negotiations have been extremely positive," states Lovato. "The advantage of an easy transition from new to used cars whilst maintaining their current operations is very compelling. We are excited at the opportunity of working with Saturn dealerships, they will be a great addition to our rapidly expanding AutoStar® Dealer Network."

About AutoStar®

AutoStar® was founded by automotive dealers and industry professionals. AutoStar® provides floor plan financing, parts repurchase programs, a national website portal, a national advertising co-op, branding, and much more for its dealer licensees. AutoStar's® officers and board members include George Lovato Jr., founder of the eighth largest car rental system in the US, Ken Zangara was a successful Dodge dealer and Chairman of the Dodge Dealer Council, Tom McAlear former Chief Operating Officer of Daimler Chrysler Services, Mike Yatsko, retired Director of Dealer Operations for Chrysler LLC, Art Laws, Past President of Portland Dealer Association, Jerry Shroff, Founder, GCS Automotive and Steve Garth, Founder, Obedia. For more information go to www.autostarsuperstore.com.

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