Team Owner
While on Tobacco Road, Hendrick's deep-seeded automotive passion led him to open a small used-car lot with Mike Leith, an established new-car dealer. The success of the venture soon convinced Leith to name Hendrick the general sales manager of his new-car import operation at the age of 23.
In 1976, the 26-year-old Hendrick took a chance by selling off his assets to purchase a struggling franchise in Bennettsville, S.C., thus becoming 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.
Bennettsville's success was a precursor to the Hendrick Automotive Group, now encompassing more than 70 franchises and 5,000 employees from the Carolinas to California. Headquartered in Charlotte, N.C., the company generated revenue upward of $4 billion in 2005 after selling 100,000 vehicles and servicing over one million cars.
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