A storm that wipes out more than 500,000 vehicles brings what some call “short term pain, but long term gain,” in the sense that there’s lost supply, but inflated demand. Jeff Dyke, Executive Vice President of Sonic Automotive, says that ultimately, getting back to operating at full strength is the goal for every dealership.
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Group 1 Automotive has signed a definitive agreement to acquire Hennessy Automobile Companies, adding 10 luxury and import dealerships in metro Atlanta. The deal, expected to close by the end...
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