New Honda Dealership Sky-Rockets to #9 National RankingHamilton Honda, founded by Mike Saporito & Jessie Armstead, breaks ...
active community involvement, exceptional customer service and their volume pricingstrategy which gives consumers guarante...
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Hamilton Honda Sky Rockets to #9 Honda Retailer in the US

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Hamilton Honda was founded by automotive executive Mike Saporito and 5 time pro-bowl linebacker Jessie Armstead a little over a year ago and they sky rocketed to the top 10 Honda retailers in the nation in only 12 months.

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Hamilton Honda Sky Rockets to #9 Honda Retailer in the US

  1. 1. New Honda Dealership Sky-Rockets to #9 National RankingHamilton Honda, founded by Mike Saporito & Jessie Armstead, breaks the top 10list for Honda after being open only one yearHamilton, NJ August 9, 2010For Immediate Release:Hamilton Honda, one of the fastest growing dealerships on the East Coast ranked #9nationally with 363 sales of new Honda vehicles in July 2010. Hamilton Honda wasfounded by automotive executive Mike Saporito and 5 time pro-bowl linebacker JessieArmstead a little over a year ago and they sky rocketed to the top 10 Honda retailers inthe nation in only 12 months.During the same period, America Honda Motor Co., Inc., posted July sales of 112,437vehicles, a decrease of 5.6 percent, based on the daily selling rate, the company recentlyannounced. American Honda year-to-date sales reached 706,346, an increase of 9.4percent versus last year.Honda Division posted July sales of 99,420, a decrease of 9.7 percent versus July 2009.Honda trucks posted sales of 44,823 up 23.4 percent, led by the CR-V, up 0.9 percentwith sales of 20,058; the Odyssey up 37.8 percent with sales of 9,711; and the Pilot, up45.4 percent with sales of 9,570. The Accord was the top-selling Honda model for Julywith sales of 25,386, followed by the Civic with 23,231."A year ago the Cash for Clunkers program began and sales of fuel-efficient picked upquickly at the end of the month," said John Mendel, executive vice president of sales forAmerican Honda. "Although July sales declined versus last year, our sales increasedcompared to June 2010, which is a positive sign."Hamilton Honda’s high volume sales from July have reduced their pre-owned inventorylevels and generated a need to buy gently used, low mileage Honda vehicles from Hondaowners. To restock their pre-owned inventory, Hamilton Honda worked withwww.Tier10Marketing.com to create the 2010 Honda Buy Back program. The Programgives customers additional value to “buy-back” their Honda and provides additionalincentives towards the purchase of a new Honda.About Hamilton HondaHamilton Honda opened its 65,000 square foot state-of-the-art facility in Hamilton, NewJersey on May 19, 2009. The dealership, located on a 12 acre campus in central NewJersey, was founded by Automotive Veteran Mike Saporito and 5-time NFL pro-bowlerJessie Armstead. After only one year in business, Hamilton Honda sky-rocketed into thetop 10 Honda retailers in the nation. Hamilton’s extraordinary growth is a result of their
  2. 2. active community involvement, exceptional customer service and their volume pricingstrategy which gives consumers guaranteed low prices, free oil changes, loaner cars andcar washes for life. New Jersey Senator Tom Goodwin recognized that “Hamilton Hondahas become an important member of the New Jersey business community since in its firstyear, Hamilton is employing more than 100 individuals and has generated more than $90million in sales revenue, with 4, 600 new and used cars sold and another 27,000serviced.” The dealership has become known for its customer friendly team and newfacility equipped with an internet café with free refreshments and a mini-museum withJessie Armstead artifacts from the brightest moments of his career.About Mike SaporitoMike Saporito is an entrepreneur and 24-year-veteran of the automotive industry who hasachieved a rare industry milestone by generating more than two billion dollars ofautomotive sales while representing Honda, Toyota, Nissan, Hyundai, Infiniti and Lexus.Hamilton Honda, Saporito’s newest Honda dealership, recently sky-rocketed into the top10 Honda retailers in the nation within one year of opening its doors. Saporito is also akey supporter of the YMCA, volunteering his time and raising funds to help further theorganization’s mission. Saporito is also an active supporter of the Children’s MiracleNetwork, Jimmy’s Fund, YWCA, SKOR, and Ryan’s Quest.About Jessie ArmsteadJessie Armstead is co-owner of Hamilton Honda, one of the top 10 largest and fastestgrowing Honda dealerships in the nation. Prior to his turn in the auto industry, Armsteadplayed 12 seasons in the NFL with the New York Giants and Washington Redskins, andwent to the Pro-Bowl five times. In addition to his work at Hamilton Honda, Armsteadworks hard for a number of not-for-profit organizations, including YMCA, DARE, CysticFibrosis, My Sisters Place, Giants Academy, ASC Football Camp, City Meals on Wheelsand Make a Wish Foundation.Contact:Sharon 0’ConnellSharon@oconnellmail.com703-661-3350Relevant Links:www.HamiltonHonda.netwww.MikeSaporitoNews.comwww.JessieArmsteadNews.comwww.Tier10Marketing.com

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