"Big Changes in the Auto Industry: Dealerships in 10 States Under New Ownership A significant shift is underway in the US automotive market as dealerships in 10 states have recently changed hands, according to the latest data from Automotive News. The new ownership deals, which have been tracked by the industry publication, reveal a growing trend of consolidation in the sector. As the auto industry continues to navigate the challenges of electric vehicle adoption, supply chain disruptions, and shifting consumer preferences, these dealership buy-sell deals are likely to have far-reaching implications for both local communities and the broader market. With the identities of the new owners and the dealerships involved still emerging, one thing is clear: the auto industry is on the cusp of a major transformation."
Dealerships in 10 states have new owners, according to Automotive News' latest tracked dealership buy-sell deals.
