Finance

How Many Dealerships Does Rick Hendrick Own

Rick Hendrick owns more than 100 dealerships across the United States through Hendrick Automotive Group, making it one of the largest privately held dealership groups in the cou...

Mara Ellison
How Many Dealerships Does Rick Hendrick Own

Total Number of Dealerships Rick Hendrick Owns

Rick Hendrick owns more than 100 dealerships across the United States through Hendrick Automotive Group, making it one of the largest privately held dealership groups in the country. The group operates in over 20 states and sells new and used vehicles from dozens of brands, with a footprint spanning major metropolitan and mid-size markets. This scale places Hendrick Automotive Group among the top dealership groups by unit volume and revenue in the U.S. industry. The group's size is frequently cited in industry rankings and financial coverage, including analysis from Forbes on major auto retail groups.

The dealership count includes both franchise stores and affiliated locations under various operating entities controlled by Hendrick. Many of these locations are multi-brand sites, meaning a single physical address may house several brands and service departments. Hendrick Automotive Group also operates large collision repair centers, body shops, and parts distribution facilities that support its retail operations. The group's private ownership structure means detailed unit counts are not always broken out in public filings, but the broad number of locations is widely reported in industry and financial sources.

Brands, Locations, and Business Structure

Hendrick Automotive Group represents a wide range of brands, including Chevrolet, Ford, Toyota, Honda, Nissan, Hyundai, Kia, BMW, Mercedes-Benz, and several luxury and performance labels. The group also operates stores under brands such as Volvo, Porsche, and other premium nameplates in key markets. Many of these dealerships are located in high-demand regions such as the Southeast, Midwest, and coastal metros where new vehicle sales volumes remain strong. The mix of mass-market and luxury brands helps the group balance volume with higher-margin sales and service revenue.

The business structure is built around a network of operating companies and holding entities that manage individual dealerships and regional clusters. This structure allows centralized purchasing, finance, insurance, and parts operations while giving each dealership some local autonomy. Hendrick Automotive Group also has significant investments in related businesses, including leasing, fleet management, and collision repair, which add revenue streams beyond new and used vehicle sales. The group's scale and diversification are often highlighted in business profiles and financial coverage, including detailed writeups from Forbes on large private auto groups.

Growth, Acquisitions, and Industry Standing

Rick Hendrick started the dealership business in the early 1970s and expanded steadily through organic growth and strategic acquisitions. The group has added dozens of locations over the decades by purchasing existing stores and converting them to Hendrick-branded operations. This acquisition strategy has allowed the group to enter new markets quickly and increase its share of local sales volumes. The pace of growth has been shaped by cycles in the auto industry, interest rates, and the availability of desirable franchise licenses.

Hendrick Automotive Group is consistently ranked among the largest dealership groups in the U.S. by units sold and revenue, though exact rankings vary depending on the source and methodology. The group's private ownership means it is not required to file detailed financial disclosures with the SEC like publicly traded auto retailers, so precise revenue figures are not always available. Despite that, the group's size, brand portfolio, and geographic spread make it a major player in the auto retail sector and a frequent reference point in industry analysis. For broader context on the auto retail landscape, the SEC provides public filings and market data on major publicly traded dealership groups.

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