Buy-sell business could boom this year

As more sellers trickle into the market, buy-sell activity is set to soar this year, advisers say. But only if sellers' price expectations come down to earth.

 

Lithia CEO: Growth will keep pace

After acquiring 18 stores last year, Lithia Motors CEO Bryan DeBoer said the dealership group plans to grow at the same pace in 2017. "There's a fair amount of supply of available deals right now, so prices have, to some extent, subsided," he said at the Automotive News Retail Forum on Thursday.

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