"Penske Automotive and AutoCanada Take a Step Back: Major Dealerships Abandon Stores in Shifting Market. In a significant move, Penske Automotive and AutoCanada are divesting stores from their portfolios, sparking a wave of buy-sell activity in the industry. According to the latest updates in a key dealership database, the two major players are among the sellers in a series of recent deals. Meanwhile, top 150 dealership groups are emerging as key buyers, signaling a changing landscape for the automotive retail sector."
Dealership buy-sell database updates: Penske Automotive and AutoCanada divest stores; top 150 groups among buyers, sellers in tracked deals ...
