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This profile was last updated on 7/15/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Frank Downing Jr.

Wrong Frank Downing Jr.?

Employment History

60 Total References
Web References
Franklin G. Downing ..., 23 Oct 2013 [cached]
Franklin G. Downing Jr.
Franklin G. Downing Jr. President 716-662-6500 x400
"We are very pleased to help ..., 23 Mar 2013 [cached]
"We are very pleased to help the Buffalo Central Terminal Restoration Corporation as they renovate our iconic Buffalo landmark," stated Towne Automotive Group CEO Franklin G. Downing, Jr. "This MINI is a full-size replica of the brand new MINI Cooper that we are providing to the lucky winner.
Frank Downing Jr., president ..., 1 Feb 2014 [cached]
Frank Downing Jr., president of Towne Automotive Group, said the show gets enthusiasm going in the industry after January, which is typically a slow month. March is usually one of the busiest months of the year.
Ford Motor Co. this year is treating Buffalo as a Tier II show, a step up from last years status that brings with it upgraded displays, Downing said. (Even so, Buffalos show is not expected to get a 2015 Ford F-150, which has received attention for its aluminum body.)
Downing said he measures a Buffalo Auto Shows success based on sales that are made after the show, as well as input from his salespeople about the attendance.
Frank Downing Jr., president ..., 11 Oct 2013 [cached]
Frank Downing Jr., president of Towne Automotive Group, said his dealership group had its best-ever September, with sales up 22 percent from September 2012, which itself was a strong month.
Sales of trucks for personal and business use such as the Ford F-150 and the Dodge Ram have fueled sales of those two particular brands, he said.
Downing said lease renewals are another important factor. He said many leases are maturing, and 70 percent of those customers are leasing new vehicles.
He expects the lease portfolio to grow until it flattens out about June 2015.
We had a big void in lease terminations from most of the banks getting out of leasing years ago, he said.
Frank Downing Jr., president ..., 20 Dec 2012 [cached]
Frank Downing Jr., president of Towne Automotive, said his dealer group has to take the risk of building a $1.9 million dealership before receiving any tax breaks, and will end up generating more tax revenue and hiring more people. Towne expects to create 11 permanent jobs in connection with the new dealership, including two new jobs at its BMW dealership, with projected income before benefits of $463,000, Downing said.
The IDA assistance is a good thing, for that gave us another reason to want to pursue the project, Downing said. Without it, it would have been another reason to just keep Mini where it is and not build [the new dealership]. And if we didnt build, how does that help enhance the area and generate more tax revenue?
Downing said Towne is not required to build a standalone Mini store only if the planned store volume was more than 500 units. Towne Mini is far below that volume, but wants to increase its vehicle allocation and needs a standalone store to do so. The decision to build, or not build, for Mini is ours alone, and the IDA incentive was one of the reasons we wanted to move forward with the project, he said.
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