Quote:
Originally Posted by Moshe @ Performance Brokerage Services
The trend you referenced about public companies and large groups has frankly accelerated with the recent entry of private equity groups and non-automotive (well off) families wanting to enter our small automotive club. I guess Warren Buffet got their attention.  Nonetheless, the buyer of Sterling Chevrolet was indeed a first time buyer. |
Moshe,
Thanks for the update - I'm happy to hear that there are still some first generation car dealers who are getting their chance to own their own store despite the trend toward public and mega-dealer ownership.
Props to Mr. Schreiber.
