Copart: Company Profile
Company Name: Copart, Inc.
Copart, Inc. stands as a testament to innovation and growth in the automotive auction industry. From a single salvage yard to a global online auction platform, its journey reflects a commitment to excellence and customer satisfaction, ensuring its place as a leader in the sector.
Founded: 1982 by Willis Johnson
Headquarters: Dallas, Texas, USA
Industry: Automotive & Transportation, Retail, Auction, Auto Dealers, Used Cars, Vehicles
Services: Resale and remarketing of used, wholesale, and salvage title vehicles through an online auction platform
Key People:
– Jay Adair, Mentee of Willis Johnson and significant figure in Copart
Revenue:$3.9 billion (FY 2023)
Net Income: over $1 billion
Competitors: KAR Global, AutoNation, CarMax, ACV Auctions, Manheim
REFERENCES:
https://en.m.wikipedia.org/wiki/Copart
https://en.m.wikipedia.org/wiki/Willis_Johnson
https://www.bloomberg.com/profile/person/1478564?leadSource=uverify%20wall
https://www.linkedin.com/in/jay-adair-31309090
“TIP601: Junk to Gold by Billionaire Willis Johnson” Podcast: https://podcasts.google.com/feed/aHR0cHM6Ly9yc3MuYXJ0MTkuY29tL3RoZS1pbnZlc3RvcnMtcG9kY2FzdA/episode/NGY3MjMwNDQtYjU3NC0xMWVlLTgxMTMtNTMyMTBmMjdkNTA1?ep=14
Disclaimer: This article offers a general overview of Copart, Inc. based on publicly available information and may not reflect the most current developments or insights. The information provided does not constitute professional consultancy and should be used as a guide alongside professional advice.
Wiki Hyphen Website | Updates 20th Jan 2024 | Link: https://www-wiki.com/Copart