Central Arkansas Company To Buy Steve Smith Country
by July 22, 2013 12:00 am 253 views
Longtime Springdale car dealer Steve Smith has reached an agreement to sell his car dealership to Crain Automotive Holdings of Sherwood.
Smith, who owns a Buick and GMC dealership called Steve Smith Country at 6372 W. Sunset Ave., said nothing would be official until the acquisition is approved by General Motors. He said that could take two to three months.
Smith said the dealership, which opened in August 1984, has about 35 employees.
Crain Automotive operates seven franchised dealerships in central Arkansas, with franchises ranging from Buick, GMC, Hyundai, Ford, Chevrolet, Kia and Mazda. The company also operates an RV dealership.
Crain Automotive is led by Larry Crain Sr., Chris Crain, his son, and Chris Byrd.
Earlier this year, Crain entered the Northwest Arkansas market when he purchased Kent Dobbs Hyundai at 3558 S. Thompson St. in Springdale and Hyundai of Bentonville at 3000 S.E. Moberly Lane.