Founded 1972 | ||
Hankey Group is a privately held American company, based in Los Angeles, California, United States.
It was founded in 1972 by Don Hankey, now a billionaire, who is the chairman and chief executive officer (CEO). His son Bret Hankey is the president and a director, and Amit Shah is the chief operating officer.
In 2013, it employed over 1900 people and had seven subsidiaries. In 2014, it had 2,000 employees and $4 billion in assets. Don Hankey founded six of the group's companies, and purchased the seventh in 1988.
Most of its income derives from Westlake Financial Services, a subprime car loans company. In 2013, they worked with 15,000 car dealers and funded $1.3 billion is purchase contracts.
Hankey Group also owns Knight Insurance Co, the car-lending software developer Nowcom and Midway Car Rental, Hankey Investment Co, and has majority control of the Toyota of North Hollywood dealership.