Americas Car Mart
America’s Car-Mart, Inc. is an automotive retailer in the United States. The Company operates in the integrated auto sales and finance segment of the used car market, also referred to as the integrated auto sales and finance industry. In this industry, the nature of the sale, the type of customer and the methods used to distribute the Company’s products and services, including the actual servicing of the contracts, as well as the regulatory environment in which the Company operates, all have similar characteristics. The Company operates through its two subsidiaries, including America’s Car Mart, Inc., an Arkansas corporation (Car-Mart of Arkansas) and Colonial Auto Finance, Inc., an Arkansas corporation (Colonial). It primarily sells older model used vehicles and provides financing for substantially all of its customers. The Company operated 151 dealerships located primarily in small cities throughout the South-Central United States.