| The Major Automotive Companies, Inc. (MACI) sells new and used vehicles through the Major Dealer Group, a consolidator of automobile dealerships in New York. The Major Dealer Group owns and operates six franchised automobile dealerships in the New York metropolitan area: Chevrolet, Chrysler, Jeep, Subaru and Kia. In addition, the Major Dealer Group owns three other franchised dealerships in the New York metropolitan area: Dodge, Nissan and Suzuki. MACI also distributes General Motors' vehicles in the former Soviet Union. Through its dealerships, the Major Dealer Group also provides related financing, sells replacement parts and provides vehicle repair service and maintenance. The Company also has leasing operations that consist of providing leases and other financing. |
