Car-X Expects Growth in 2008

SCHAUMBURG, Ill.--(BUSINESS WIRE)--Roger Hill, President and CEO of Car-X, kicked off the meeting with exciting news about the Car-X 2007 system-wide performance. Car-X opened 5 new stores, had 6 store re-sales and posted a 2.4% same store sales increase.

2008 is projected to be another strong year for same store sales growth and 6 new Car-X locations are planned.

Under the leadership of Mr. Hill, Car-X has experienced sales growth and expansion. There was a vibrant spirit at the meeting as a result.

Over 230 Dealers, Managers, Vendors and Guests converged on the Oak Brook Hills Marriott Resort to attend one of the most successful Car-X Dealer / Manager Meetings ever. That's 80% of the Car-X system. Way to go! Attendees made it the largest audience for the Awards Banquet to date.

They also attended terrific, informative dealer panels, updates on products, and sales aid presentations by vendors such as Raybestos, Tenneco, GE Money (Car-X Credit Card) and U.S. AutoForce. Two of our local agencies (Kennedy Communications and Marketing Matters) shared some spectacular information on internet and media activity. (Their presentations and the photos from these events are on CD.)

Car-X Auto Service was founded in 1971 by a group of enterprising and experienced muffler shop owners. During the early years, Car-X was primarily an exhaust specialist. But today, due to our 24/7 non-stop, fast paced world, we've adapted to providing just about any automotive repair you can imagine. We continue to evaluate our position and business and add products and services that are comparable to today's auto repair climate.

Car-X Auto Service has 168 locations and has built a reputation on exceptional customer satisfaction. In fact, Car-X Auto Service was ranked the #1 automotive services franchise by Success Magazine.


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