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Rush Enterprises

Company type	Public
Traded as	Nasdaq:  RUSHA (Class A) Nasdaq:  RUSHB (Class B) Russell 2000 Component (RUSHA, RUSHB) S&P 600 Component (RUSHA)
Industry	Automotive, Truck Dealerships
Founded	1965
Founder	W. Marvin Rush
Headquarters	New Braunfels, TX, USA
Area served	USA and Canada
Key people	W.M. "Rusty" Rush-President James C. Underwood-Director Thomas A. Akin-Director Raymond J. Chess-Director Dr. Kennon Guglielmo-Director William H. Cary-Director
Products	Trucks
Revenue	US$ 4.727 billion (2017) [1]
Operating income	$ 172.1 million (2017) [1]
Net income	$ 105.8 million (2017) [1]
Total assets	$ 2.890 billion (2017) [1]
Total equity	$ 1.040 billion (2017) [1]
Number of employees	7,244 [2] (2017)
Website	rushenterprises.com

Rush Enterprises, headquartered in New Braunfels, Texas, is an international retailer of commercial vehicles, primarily new and used trucks, through its Rush Truck Centers. ^[1] In 2019, the company operated over 200 Rush Truck Centers in 20 states as well as 14 locations in Canada. As of 2020, it was a Fortune 500 corporation. ^[2]

Rush Truck Centers operates the largest network of commercial vehicle dealerships in the United States, with more than 200 locations in 22 states; ^[3] as of 2019 the company became international after opening 14 locations in Canada. ^[4] They represent truck and bus manufacturers, including Peterbilt, International, Hino, Isuzu, Ford, IC Bus and Blue Bird.

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. ^[5] 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. ^[6]

Acquisitions

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References