consolidation

The auto market's struggles isn't just about dealerships closing, it's also resulting in tremendous consolidation.

Major Fortune 500 companies owning dealerships isn't new (AutoNation, Sonic Automotive), but now smaller groups are seeing the current state of the auto industry as an opportunity to expand.

Family-owned car dealerships are hit the hardest in these times. They don't have the resources to keep going, to feed the family, without the constant stream of revenues.