Dealership acquisitions fizzle in 2023

Dealership acquisitions saw a decline in 2023 πŸš—πŸ’Έ Uncertainty and bid-ask spread cited as reasons for the drop.

Uncertainty and a widening bid-ask spread contributed to fewer transactions last year, according to industry experts.

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https://www.autonews.com/dealers/car-dealership-acquisitions-decline-2023-market-still-strong