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Wednesday, June 29, 2011

WALKER AUTOMOTIVE LISTED AS NUMBER 52 ON WARD’S DEALER MAGAZINE LIST OF NATION’S TOP DEALERSHIPS

This year marks the 25th Annual Dealer 500 rankings published by “Wards Dealer Business” Magazine. The list is a comprehensive ranking of the 500 biggest automobile dealerships in the country. According to the magazine one constant over the last quarter century is that the dealers who make the list are “among the best in the business. They are pros who use time-tested best practices, yet are nimble enough to adapt to changing times and markets.” Walker Automotive is on the list for the fifth straight year and ranks number 52 for 2010.
The annual list ranks dealerships according to departmental revenue, sales and total dealership revenue. Only one other dealership in Louisiana was recognized and Walker was the only dealer in central Louisiana named.
“We are pleased to have made the Wards 500 list again this year”, said W. Foster Walker, President of Walker Automotive. We certainly had to adapt to changes in our business last year, but we still managed to grow our business in almost all departments.” Walker said. Overall, revenue grew 2% over last year which is great considering the turmoil that marked the industry in 2010 as several major manufacturers struggled to come back from bankruptcy. “Our most significant increase came in pre-owned vehicle sales where we saw an increase of 37% in total units over the year before. Likewise, our Service, Parts, Body Shop and Accessories increased 4% over the same period last year. New cars grew modestly, but that is not surprising considering the lack new inventory. We simply adapted to sell more quality late model or certified used vehicles. I credit a tremendous management team in all departments that figured out how to grow our business in a tough selling environment.” Walker said.
Walker was also recognized separately in the 2011 magazine as one of the 2011 Ward’s Dealer 500 new and used vehicle volume leaders. Walker delivered more than 3,000 new and pre-owned vehicles in central Louisiana. Walker has also been recognized by Ward’s as a leader in helping customers finance their vehicles and as a used vehicle leader in 2009.
“We are committed to our business, the Central Louisiana community, and our customers. Our most recent commitment to our business is the new Walker Mercedes and BMW building on Highway 28 West next to Walker Honda.” The new facility is a state of the art 30,000 square foot sales and service location for both Mercedes-Benz and BMW. “Our entire organization is extremely proud of this new facility and we expect this addition to assist us in our continued growth in Alexandria.” Walker said.
Mr. Walker also emphasized that as a fourth generation family company, Walker Automotive always tries to do what is in the best interest of its customers. “We remain committed to serving our customers, being an active community partner, executing business strategies that allow for continued growth, and delivering new and used vehicles to happy customers. "
Walker was founded in 1919 as Alexandria Auto Company, Inc. by Foster Walker Sr. Walker Oldsmobile Company and is now run by Foster Walker III. Ninety years after its inception the dealership has expanded from its meager origins to four locations, 7 manufacturers, four service departments and a collision center. Walker employees more than 175 employees. Over the last 9 decades Walker has won numerous national and factory awards for all aspects of its business. Walker Automotive offers new and pre-owned vehicles ranging from quality entry level models to German luxury vehicles.

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