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Does Warren Buffett's dealership acquisition foreshadow Chinese car sales in US?

2014-10-14 23:54:02| Auto Dealers - Topix.net

The US auto dealer industry recently saw a huge shakeup when Warren Buffett's Berkshire Hathaway investment company bought Van Tuyl Group , the country's largest privately owned network of showrooms, for an undisclosed sum. Assuming the deal's regulatory success, it immediately made Buffet one of the nation's largest car retailers.

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