Rush Enterprises Remains Open to Support Essential Functions During COVID-19 Uncertainty

SAN ANTONIO, March 25, 2020 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that its Rush Truck Centers, Rush Truck Leasing and other facilities remain operational across the United States supporting the economy’s essential businesses and critical infrastructure. The Company’s Chairman and CEO, Rusty Rush, stated that “we are proud and committed to serve our customers in the important work they are doing, from ensuring the supply of essential medical supplies and life-sustaining goods to the provision of critical public services such as waste removal.”

Mr. Rush also noted that “our foremost priority is always the health and safety of our customers, employees, business partners and communities.” The Company is of course following CDC guidelines for limiting exposure to COVID-19 and enhancing the frequency and thoroughness of cleaning at our facilities. The Company is also leveraging its investments in on-line customer interface platforms and integrated call centers to facilitate parts and service operations to support customers without face-to-face interaction. Rush continues to deliver new commercial vehicles and is expediting parts deliveries and providing curbside services for parts pickup at our locations. Rush’s roughly 500 mobile service units across the country are also providing necessary maintenance and repair services for commercial vehicles. Finally, our sales representatives remain in virtual contact with our customers to ensure customers’ needs are being met. We are transitioning employees who can work from home out of our locations to enable effective social distancing.

While the Company is currently able to place orders with manufacturers, receive trucks and parts and staff its operations, it is unclear what continuing impact the evolving pandemic will have on operations. Mr. Rush stated that “while there is no way to estimate or quantify the impact of the pandemic, we are already seeing some of our manufacturers suspend factory production of truck chassis’ and anticipate some softening of demand as businesses are ordered by governmental authorities to temporarily cease operations. Temporary closures of some of our locations are also possible due to exposures to COVID-19 despite the hygiene precautions we are taking. We understand that our businesses are essential to our country’s response to this pandemic and I and our thousands of dedicated employees are honored to support our customers and nation during this challenging time,” Mr. Rush said.