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More car dealers change hands than ever

2016-03-09 22:12:45| Auto Dealers - Topix.net

Berkshire Hathaway Inc.'s 2014 acquisition of car dealer Van Tuyl Group, the largest acquisition in the auto retail industry, paved the way for a record 2015 in dealership deals, a consultant said Wednesday. Some 242 deals were recorded in 2015, up 17% from the 206 deals in 2014, according to California-based consultants Kerrigan Advisors.

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