Private equity fuels more dealership purchases

Dealership consolidation continues. The George Soros-backed McLarty Automotive Group snapped up Asbury’s stores in Arkansas last week. Meanwhile, Gee Automotive of Washington agreed to buy the much-larger Ron Tonkin Family of Dealerships of Oregon.

Sign up for our insightfull look at F&I, every Wednesday

Have 5 minutes? Catch up on what you want to know twice each day.

Newsletters