vAuto Surpasses Another Unique Dealership Rooftop Count Mark
OAK BROOK, Ill. — vAuto officials announced late last week they've passed another dealer-customer threshold.
As of the close of the second quarter, the company's unique dealership rooftop count totaled 3,093. Executives from vAuto contend these dealerships are successfully executing the Velocity Method of Management to maximize profits and grow their used-vehicle operations.
Furthermore, vAuto also received another accolade. The company has been named on the 2010 Inc. 500 list as one of the nation's fastest-growing, privately held companies in America.
In fact, vAuto ranked 10th in the software category and 125th overall on the 2010 Inc. 500 list Fueling that ranking was a three-year sales growth rate of 2,044 percent. Now, vAuto has been on this list for two consecutive years.
"We are proud to have achieved these important company milestones," stated Keith Jezek, vAuto's president and chief executive officer.
"Surpassing the 3,000 customer mark is a tribute to our state-of-the-art inventory management solution. In addition, only 17 percent of participants received the distinction of being on the Inc. 500 list for both 2009 and 2010," Jezek continued.
"I would like to congratulate the entire vAuto team on their passion and commitment to excellence. This is a very exciting time for our company," he added.
The Inc. 500 list of the fastest-growing, privately held companies in the United States was introduced in 1982. Officials believe the list provides a comprehensive look at the most important segment of the economy – America's independent-minded entrepreneurs.
"Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous," explained Inc. editor Jane Berentson.
"The Inc. 500 consists of these just-short-of miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees, and grown fast in difficult economic times," Berentson went on to note.
Complete results of the Inc. 500, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at Inc.com/500.