Sheehy Raises More Than $200,000 to Benefit the American Heart Association
The dealer group sold 6,500 vehicles in 54 days as part of its 18th annual Sheehy 6000 sales event, raising more than $200,000 to benefit the American Heart Association.
Paula Caruso and Vince Sheehy with Allie Cohen, American Heart Association.
FAIRFAX, Va. — Sheehy Auto Stores Inc. raised more than $200,000 to benefit the American Heart Association, selling 6,500 automobiles in 54 days as part of the company's 18th Annual Sheehy 6000 sales event.
"With the support of our customers, our business partners and our staff, we are pleased to announce a record-breaking fund-raising effort during the Sheehy 6000," said Vince Sheehy, president of Sheehy Auto Stores. "Partnering with the American Heart Association, we have been able to support a worthy cause while reinforcing the importance of maintaining heart health with events we sponsored for our employees and visitors to many of our dealerships."
In addition to a portion of sales benefiting the charity, Sheehy dealerships throughout Washington DC, Richmond, Va., and Baltimore areas led community outreach initiatives that included speakers, giveaways, cooking demonstrations and event sponsorships. Internally, more than 100 Sheehy team members participated in Lunch & Learn events, where they benefited from healthy cooking demonstrations and other heart healthy tips.
"We are so grateful for the generous support of the Sheehy Auto Stores staff and customers throughout the region, which will go directly to aiding our mission of ending cardiovascular diseases and stroke," said Michelle Nostheide of the American Heart Association. "We are also proud that our partnership has resulted in increased heart health awareness for thousands of our neighbors through walking events, Lunch and Learns, CPR trainings, cooking demonstrations and more."
More Auto Finance
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Cars a Tad More Affordable
May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.
Read More →
First-Quarter Sees Long Auto Loan Growth
Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.
Read More →
Mastering Credit Friction
In this video, Josh Krach explains how to turn credit friction into an advantage.
Read More →