Rush Enterprises
 | |
| Public | |
| Traded as | NASDAQ: RUSHA |
| Industry | Automotive, Truck Dealerships |
| Founded | 1965 |
| Founder | W. Marvin Rush |
| Headquarters | New Braunfels, TX, USA |
Area served | USA |
| Products | Trucks |
| Revenue |
 US$ 4.727 billion (2014) [1] |
|
$ 141.7 million (2014)[1] | |
|
$ 79.96 million (2014) [1] | |
| Total assets |
$ 2694.3 million (2014) [1] |
| Total equity |
$ 764.3 million (2014) [1] |
| Website | rushenterprises.com |
Rush Enterprises, headquartered in New Braunfels, Texas, is a retailer of commercial vehicles, primarily new and used trucks, through its Rush Truck Centers.[1] In 2015, the company operated 112 Rush Truck Centers in 20 states. As of 2014, it was a Fortune 1000 corporation.
History
The company was founded in 1965 by W. Marvin Rush, who remained chairman of the board until 2013, when he was succeeded by his son W.M. "Rusty" Rush.[2] The company began as a dealership for Peterbilt trucks, but expanded greatly in the intervening years through acquisition of dealerships.
Major acquisitions include:
- Heavy truck business from Asbury Automotive Group in 2010.[3]
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 "2014 10-K Rush Enterprises". Securities and Exchange Commission. Retrieved 22 April 2015.
- ↑ Hendricks, David (20 May 2013). "W. Marvin Rush retires as Rush Enterprises chairman". MySA. Retrieved 22 April 2015.
- ↑ "Asbury Sells Heavy Truck Business to Rush Enterprises". BloombergBusiness. 2 December 2010. Retrieved 22 April 2015.