Automotive Know-how NewsAutomotive NewsAutomotive Know-how NewsAutomotive News
The prime one hundred fifty owned 4,260 stores, or 23.3 % of U.S. dealerships, up from 22.7 percent for 2021. That’s an enormous jump from 2012, when the top a hundred and fifty’s share of dealerships was at 14.eight %. And but Keating continues to look for more dealerships and even made a couple of provides on shops this year, although those efforts have not resulted in any new deals. In its newest outlook, Magna stated it expects its complete automobile enterprise to generate gross sales of between $4 billion and $4.5 billion in 2025, down from an estimate [...]