2023 Automotive News list of the top U.S. dealership groups shows many shifts

0

As accelerated dealership consolidation reshapes the auto retail landscape, Automotive News‘ annual ranking of the top 150 dealership groups based in the U.S. is changing, too.

The groups on the list commanded a bigger percentage of the U.S. industry’s new light-vehicle sales in 2022 and held a growing share of the U.S. dealership count, according to the Automotive News Research & Data Center, which compiles the list. As those groups got larger, they also performed better than the industry as a whole in a year that saw overall new-car sales decline. The top 150 recorded a collective new-vehicle sales decline far narrower than the decline in overall U.S. light-vehicle sales.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Automobiles News Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Leave a comment