Rush Enterprises Inc - Company Profile
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Rush Enterprises Inc (Rush Enterprises) provides complete commercial vehicle solutions. The company offers new and used truck and bus sales, comprehensive parts and service solutions, full-service truck leasing, rentals, collision repair services, financial services including insurance products, and financing of new and used commercial vehicle purchases. It also provides fuel system expertise, fleet technology, chrome accessories, vehicle upfitting, and tire programs. The company is into the sale of new and used heavy-duty, medium-duty and light-duty trucks and buses and related parts and services manufactured by Peterbilt, International, Hino, Isuzu, Ford, IC Bus or Blue Bird and Mitsubishi Fuso. It owns and operates commercial vehicle dealerships in the US through a network of Rush Truck Centers which provides retail sales of new and used commercial vehicles and aftermarket parts, service and body shop facilities. Rush Enterprises also operates tire stores, which primarily sell tires for use on commercial vehicles in two locations in Texas, the US. It has a business presence in the US and Canada. Rush Enterprises is headquartered in New Braunfels, Texas, the US.
Headquarters
United States of America
Address
555 Ih 35 South, New Braunfels, Texas, 78130
Website
www.rushenterprises.com
Telephone
1 830 6265200
No of Employees
7,860
Industry
Automotive
Ticker Symbol & Exchange
RUSHA (NASD)
Revenue (2022)
$7.9B
11.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-11.3%
(2022 vs 2021)
Market Cap*
$3.8B
Net Profit Margin (2022)
XYZ
-20.5%
(2022 vs 2021)
* As of and is in US$
Rush Enterprises Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Truck | Retail Sales of New and Used Trucks | Peterbilt |
| Construction Equipment | Aftermarket Parts Sales | Hino |
| Truck Related Parts | Service and Repair Facilities | Isuzu |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In March, the company and the Rush Enterprises Foundation launched a sweepstakes supporting the Wounded Warrior Project to win the 2025 Peterbilt Model 389X. |
| 2023 | Contracts/Agreements | In September, the company entered into an agreement with The Shyft Group to sell and service the Blue Arc Class 3, 4 and 5 all-electric delivery vehicles. |
| 2022 | Acquisitions/Mergers/Takeovers | In May, the company acquired an additional 30% stake in Rush Truck Centres of Canada. |
Competitor Comparison
| Key Parameters | Rush Enterprises Inc | Lithia Motors Inc | Penske Automotive Group Inc | AutoNation Inc | Asbury Automotive Group Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | New Braunfels | Medford | Bloomfield Hills | Fort Lauderdale | Duluth |
| State/Province | Texas | Oregon | Michigan | Florida | Georgia |
| No. of Employees | 7,860 | 27,446 | 28,000 | 25,300 | 15,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| W.M. Rusty Rush | Chairman; Chief Executive Officer; President | Executive Board | 2013 | 64 |
| Michael McRoberts | Director; Chief Operating Officer | Executive Board | 2023 | - |
| Steven L. Keller | Treasurer; Chief Financial Officer | Senior Management | 2011 | 53 |
| Jason T. Wilder | Senior Vice President - Navistar Dealerships | Senior Management | 2019 | - |
| Corey Lowe | Senior Vice President - Peterbilt Dealerships | Senior Management | 2011 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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