BENTONVILLE, Ark. — America's Car-Mart expanded its dealer network to 105 stores by opening its seventh rooftop in Alabama.

The newest operation is located in Anniston, Ala.

"We are pleased to announce the opening of our seventh location in Alabama. We have tremendous opportunities in Alabama, a state that has potential much like our home state of Arkansas, where we now have 37 dealerships," stated Hank Henderson, president and chief executive officer of Car-Mart.

"We are very excited to be expanding our services to Anniston," Henderson continued. "We will continue to offer the best value for people looking for good, basic affordable transportation and the financing to go with it. The new dealerships we have opened over the last few years are performing very well and we are excited about our future.

"The Anniston dealership will be managed by Steve Miller who is very excited to get his dealership up and going," Henderson added.

Chief financial officer Jeff Williams pointed out that Car-Mart operates its 105 dealerships in eight states.

"We have added eight dealerships so far in fiscal 2011 and we anticipate opening maybe two more locations between now and the end of our fiscal year, which ends on April 30," Williams shared.

"Our solid financial results, strong balance sheet and competitive strengths will continue to allow us to provide the best possible service to our almost 50,000 active customers and to future customers we will gain as we grow," he went on to say. "Beyond this fiscal year, we expect to continue to open additional dealerships at an approximate 10-percent annual rate."