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If you missed it or if you want to see it again, you can watch the WASCO 20210 Annual Stockholder Meeting now! We talk about our revenue for the year, the fiscal year in review, sourcing products, a review of new shareholders, coming changes on the website, programs for savings on purchases and for profit increases, the election of the board, the dividend distribution and the forecast for WASCO's future.

We also answered questions from attendees during the meeting. The meeting took place in South Hackensack, NJ on Tuesday November 16th.

It’s no secret that companies are struggling with supply chain issues right now. While a chip shortage constraining auto manufacturing is one of the most visible examples, businesses of all types and sizes are struggling to get components, equipment and supplies. Many common items have skyrocketed in price, and businesses may find shipments backordered or delayed.

WASCO will be holding a joint event combining our Annual Meeting and Open House on Tuesday November 16th from 10:30 am to 4 pm at our headquarters, located at 22 Florence Street in South Hackensack NJ! An amazing spread of innovative dishes will be served during the gourmet lunch and will be made by renowned chef Laurence Craig.

Combine a labor shortage with increasing prices for supplies and equipment, and vehicle dealerships everywhere are trying to do more with less these days. The good news is that by improving your current procurement and inventory management practices, you can deliver a significant boost to your bottom line.

In February, Rick DeSilva Jr. of local car dealership Liberty Subaru won the 2021 TIME Dealer of the Year Award at the 104th National Automobile Dealers Association (NADA) Show. This prestigious accolade was given out by leaders from TIME and Ally Financial, the latter of which donated $10,000 to charities selected by DeSilva.

When you buy from yourself, you don’t just save money — you can actually earn it through a profit-sharing partnership with WASCO (Wholesale Auto Supply Company). Thanks to its unique business model, automobile dealerships that buy from WASCO have the opportunity to become stockholders and actually enhance their income by becoming dividend-earning patrons.

As mask mandates lift and COVID vaccinations become more readily available, we’re on our way to returning back to a normal world like it was before the coronavirus struck. That’s why we’re so proud that everyone in the company who is eligible for the vaccine has been vaccinated! We celebrated this fact by gathering all of our employees together for the first time since early March 2020 by treating the team to a BBQ this past Friday June 18th and gave them all prizes.

Each year on April 22, we commemorate the protection of our environment by celebrating Earth Day and helping to prevent the coming disasters of climate change & environmental destruction. However, reducing our overall carbon footprint is a mission that we need to dedicate time & resources to fulfilling each day. And we proudly do so along with our car dealer partners.

Even though the effects of a snowstorm can be seen for days on end, businesses like car dealers are still open. That’s why it’s so important to know what to have extra supplies of prior to a blizzard occurring. With that being said, here are some of the top items you can get from WASCO that you should have an overstock of to ensure your car dealership & service center is minimally affected by a snowstorm.

If you missed it or if you want to see it again, you can watch the WASCO 2020 Annual Stockholder Meeting now! We talk about our new website, our solar project, the effect COVID-19 has had on WASCO, the year in review, the election of the board, the dividend distribution and the forecast for WASCO's future.

We also answered questions from attendees during the meeting. The meeting took place virtually on Wednesday November 18th.