Consolidation in the automotive industry grows 🚗📈 Top 10 dealership groups now own 9.3% of U.S. franchised stores, reaching a record high since 2011 #AutomotiveNews2024
The Top 10 dealership groups reported owning 9.3 percent of U.S. franchised stores last year, up from 8.9 percent the previous year, marking an all-time high since at least 2011.
https://www.autonews.com/commentary/top-10-dealership-groups-own-93-percent-franchised-stores