Big dealership teams proceed to acquire shops, with the top 10 and prime one hundred fifty dealerships taking a larger share of the entire variety of U.S. franchised dealerships. Automotive News’ top a hundred and fifty ranking doesn’t include all of the largest dealership groups within the nation. “We’ll see some bigger transactions proceed to get carried out within the business over the subsequent few years,” Karolis stated. “I don’t suppose they’re carried out but. We still assume that exercise will be pushed largely by non-public dealers, personal transactions.” Sales and retailer counts reported by a handful of teams on the list included a small however undetermined variety of used-only and non-U.S.
Hyundai stated its inventory has more than doubled from a yr ago, to 39,898 vehicles on the finish of November. Sales fell 5.2 % last month for the Honda brand and 14 percent for Acura. Honda’s 4 top-selling …