How these companies are taking over the U.S. auto dealership industry
11:31
CNBCRobert Ferris,Darren Geeter,Tala Hadavi
How these companies are taking over the U.S. auto dealership industry
Six publicly traded dealership groups, including the two biggest ones, AutoNation and Lithia Motors, have been buying up a growing share of U.S. auto dealerships. With new car prices at all-time highs, parts in short supply and automobiles in high demand, these dealership groups have seen profits soar throughout the pandemic.
Aug 2, 2022
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