Market Overview

Dover Honda Receives The President's Award From American Honda

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Dover Honda, a member of the International Cars, Ltd. family of
dealerships, has been named a recipient of the President's Award for
2016 by American Honda Motor Co., Inc. Recognizing top-ranking Honda
dealerships across the country, the award is considered Honda's highest
dealership honor and is based on a candidate's achievement of excellence
in all areas of the dealership's operation. Customer service and
satisfaction, sales, training and facilities are all evaluated as
criteria for the recognition.

This is the third time that Dover Honda, which recently completed a $10
million renovation at their state-of-the-art dealership located at One
Dover Point Road in Dover, NH, has been awarded the President's Award.
Across New England, 11 Honda dealerships have won the President's Award
in 2016, with Dover Honda being one of two New Hampshire dealerships to
win this prestigious honor.

"We're excited to hear this wonderful news that American Honda has
honored Dover Honda with the President's Award," said Bryan Laskin,
General Manager of Dover Honda. "I know I speak on behalf of the entire
team at Dover Honda, thank you to all of our customers and friends
throughout the greater Dover community who helped us earn this
recognition."

Each year, the objectives of the Honda President's Award Program are
reviewed and altered to match the market environment in order to
motivate Honda dealerships to achieve a greater sense of customer
satisfaction.

"It's a tremendous reflection on Bryan and his team at Dover Honda that
they earned this award in 2016," said Richard Collins, CEO of
International Cars, LTD. "We're especially excited to see that our
all-new Dover Honda continues to grow its customer base throughout the
entire Dover and Seacoast region."

Dover Honda carries the full line of Honda vehicles. For more
information on all of Honda's award-winning vehicles, visit www.honda.com.
For more information on Dover Honda, visit http://www.doverhonda.com.

About International Cars, Ltd:

International
Cars, Ltd.
, is an employee owned company comprised of five New
England area dealerships including Audi Stratham and Porsche of
Stratham, Stratham, New Hampshire, Dover Honda and Dover Chevrolet in
Dover, New Hampshire, and Honda North in Danvers, Massachusetts. Honda
North has advanced to the prestigious Master Circle and has also
recognized as a Honda President's Award recipient for the 7th
consecutive year and the 10th year collectively.

The Honda Masters Circle recognizes the top 50 dealerships in new
vehicle sales nationally. International Cars has won several industry
awards, including the Audi Magna Society Award in 2010 at Audi Stratham,
the third time consecutively. Porsche of Stratham has been recognized as
a Porsche Premier Dealer Dover Honda is a three-time President's Award
winner.

Company-wide values focused on ownership, accountability, and high-level
customer service and satisfaction are an integral part of employee
ownership success. Together, International Cars earned several AACE
(Annual Award for Communications Excellence) Awards through The National
ESOP (Employee Stock Ownership Plan) Association. For more information
on International Cars, please call Ebben Group at 781-449-3244 or visit www.iclautos.com.

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