AutoSource Motors Ranked On Inc. 5000
Tuesday, August 27, 2019 11:00 MST
Dateline: Woods Cross, Utah
AutoSource is a privately held company
AutoSource was ranked No. 1459 on the 2019 Inc. 5000 List. AutoSource reported $195.8 million in revenue in 2018, and 284% growth over the last three years.
Woods Cross, Utah, August 27, 2019 – AutoSource Motors was named to the annual Inc. 5000 list earlier this month, ranked at No. 1459. AutoSource sources vehicles that have been involved in insurance claims, and have been given branded or salvage titles. Those vehicles are then reconditioned and sold at prices that provide significant savings to customers. Since being founded in 2005, AutoSource has sold over 35,000 vehicles across the United States.
In the last 5 years, AutoSource has opened 7 branded title dealerships, bringing the company total to 9 retail locations. These locations are spread across 5 different states (Utah, Idaho, Nevada, Colorado, and Nebraska). AutoSource also employs vehicle inspectors, and networks with rebuilders across the nation.
Each year, Inc. Magazine produces a guide of the 5000 fastest-growing privately owned companies in America. AutoSource joins the tens of thousands of companies Inc. has honored including, Under Armour, Microsoft, Facebook, Zappos, and tens of thousands of others. Inc. magazine has produced a list of America’s fastest growing companies for 38 years. The list was expanded to 5000 in 2007.
AutoSource reported a 2018 revenue of $195.8 Million and a 3-year growth of 284%. Those numbers ranked 48th among top Utah companies.
“We would like to express our appreciation to Inc. Magazine for naming us to the 5000 list. We want to also acknowledge the hard work, and sacrifices that each of our employees have made to establish AutoSource as one of America’s fastest-growing companies,” said AutoSource CFO Jeremy Baker.
You can view the AutoSource Motors profile on the Inc. 5000 here.
The complete Inc. 5000 list can be found here.
Founded in 2005, AutoSource is the nation’s leading provider of branded title vehicle sales. Selling over 30,000 units, AutoSource has expanded from one dealership in Woods Cross, UT to nine total dealerships across five states in UT, ID, CO, and NV and now NE.