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Dealership buy-sell activity reached what’s extensively regarded as a excessive point in 2021, and the results of the various megadeals struck that 12 months were absolutely in effect in 2022. Several dealership group leaders who spoke with Automotive News credited acquisitions with boosting their 2022 sales volumes, and thus their list rankings. Keating Auto, of Victoria, Texas, purchased seven dealerships in late 2021, all in Texas, and Ben Keating, the group’s proprietor, credited these purchases, which included three high-volume Hyundai shops, as a big purpose for the corporate’s growth final yr. “It becomes a declining proportion of Magna’s complete gross sales,” Narayan stated.

MG is providing the “MG TEST & TRUST” gross sales marketing campaign, inviting customers to have a full test-drive experience with MG vehicles. …