Century Automotive Group’s Succession Story

Join us for an inspiring and in-depth look into the journey of Century Automotive Group, a third-generation business based in Huntsville, Alabama. In this captivating video series, Tracy Jones, the CEO of Century Automotive Group, opens up about their incredible succession planning journey and how they have successfully integrated the third generation into the business. Tracy shares her story of joining the family business, bringing her expertise as a CPA from PwC. She delves into the intricacies of working closely with not only her father but also her husband and children within the company. Tracy reflects on the unique challenges and rewards of being part of the “Sandwich Generation,” also known as Generation 2.

Through this series, Tracy highlights the numerous benefits that have exceeded her expectations due to the carefully planned succession process. The business is thriving, experiencing growth, and making more money than ever before. Moreover, the strong family relationships have been further solidified, and everyone has been given a clear path and role within the company. The future looks incredibly promising!

Don’t miss out on this incredible opportunity to gain valuable insights into the world of succession planning and how it has transformed Century Automotive Group. Join us as Tracy Jone shares her personal journey, the challenges she has faced, and the ultimate success she and her family have achieved.

How Succession Planning Transforms Businesses into Profit Powerhouses

2023-09-29T18:58:43-05:00By |Automotive, Century Automotive Group's Succession Story, Succession Blog, Succession Palooza - Celebrating Succession, Succession Success Stories, Video|

Developing strategies for growth are essential to succession, especially in Century Automotive Group’s case, where four kids are interested in the business within the third generation.  As Tracy shares in our discussion, the succession process created a forum to determine: Strategic Plan for the next five years Organizational structure and [...]

How Succession Planning Fosters Trust & Empowers Next-Gen Leaders

2023-09-29T19:19:11-05:00By |Automotive, Century Automotive Group's Succession Story, Succession Blog, Succession Palooza - Celebrating Succession, Succession Success Stories, Video|

A family business is such a wonderful opportunity.  However, many 2nd, and 3rd generation business owners screw it up.  And as Tracy shared, she and her husband did not want to be the generation to screw it up.  With the third generation entering the business, Tracy and her husband felt [...]

Building Strong Family Bonds & Growing a Business with Lasting Community Impact

2023-09-29T19:02:38-05:00By |Automotive, Century Automotive Group's Succession Story, Succession Blog, Succession Palooza - Celebrating Succession, Succession Success Stories, Video|

Century Automotive Group is thriving across three generations. Love and commitment to nurturing family relationships have been vital ingredients for their success. From Tracy’s integration into the business as the second generation, and now the third generation actively working in the business; they live by there is no business gain [...]

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