Business View Magazine | Volume 9, Issue 1

58 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 1 Anderson earned the opportunity to open a new Toyota dealership in Raleigh. Through years of hard work and dedication, that Toyota store became the flagship operation of Anderson Automotive and one of the largest volume Toyota dealerships in the southeastern United States. In the early 2000s, Fred’s son Michael Anderson came aboard to work in the family business. With many years of ground level experience and several more working outside of the family business, Michael Anderson worked his way through the dealership ranks from a Salesperson, Service Advisor, Finance Manager, Sales Manager Anderson grew up helping out at the dealership. Starting in the service and parts departments, he gradually moved into sales and learned the dealership business. When a Chevrolet dealer in a neighboring town went out of business, Fred was presented with the opportunity to take over as owner operator. In 1970 at the age of 21, Fred Anderson became the youngest Chevrolet dealer in the country. After becoming the largest volume GM dealer in Western North Carolina, Fred Anderson started to expand in the early 1980s with the acquisition of local and Chrysler, Dodge, Jeep, and Nissan (Datsun at the time) dealerships. In 1987, Fred

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