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Stock impact report

ECD Automotive Design Launches Retail Strategy and Site Selection Process

ECD Automotive Design, Inc. (ECDA) 
Company Research Source: GlobeNewswire
KISSIMMEE, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) -- ECD Automotive Design, Inc. (Nasdaq: ECDA) (“ECD” or the “Company”), an industry leader in building and selling restored, modified and electrified Land Rover Defenders, Jaguar E-Types, Ford Mustangs, and Toyota FJs announced today it has embarked upon a new retail strategy to own and operate brick and mortar showrooms to market and sell ECD’s vehicles. In support of the strategy, ECD has signed an agreement with Site Selection Group, of Dallas, Texas, to research and identify real estate locations to effectuate ECD’s retail showroom concept. * Artist rendering of future ECD retail showroom. Site Selection Group has been tasked with finding the best location for ECD to launch its retail showroom strategy. Since ECD’s founding in 2013, the company has generated over $100 million of revenue by manufacturing over 600 classic, one-of-one restomod vehicles to high-net-worth individuals through online advertising, social media and word Show less Read more
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