February 20, 2015 – Gold Card Automotive Network, provider of vehicle service contracts for the automotive industry, today reported the achievement of 2014 year-end growth milestones, including record sales, widespread adoption of its Gold Card product across the Continental U.S., and strong market momentum first quarter 2015.
2014 Highlights in Brief:
- Achieved year-over-year revenue growth of 300%
- Added 240 new dealers in 11 states
- Rapid growth of dealer network and partner relationships with major national retailers Pep Boys, Big O Tire, and Auto Zone.
GSAN experienced robust revenue growth with year-over-year increase of 300% for 2014. Further, the company added a host of strategic
partnerships including industry leader Pep Boys, Big O Tire, Auto Zone, plus several others to be announced in early 2015.
“Our relationships with new agents and dealers has been an important component of our national expansion,” states Brent Timpson, company president, “The Gold Card product is the first product of its kind that provides coverage for regular service maintenance plus standard mechanical breakdown coverage for major vehicle repairs. The Gold Card helps dealers close more sales, and customers love the product because it eliminates many of the risks associated with the purchase of a used vehicle.”
Timpson continues, “Only 8-9% of major mechanical service contracts are ever used. The key to the Gold Card, is that the majority Gold Card holders actually use this product. Customers simply love it, and the dealers sell more vehicles because of it.”
GSAN is actively seeking to enlarge its network of national sales agents in fiscal year 2015 as it continues expanding into new markets. For information about becoming an agent, contact firstname.lastname@example.org.