Asbury to buy Larry H. Miller Dealerships

[Jeff Kershner]

Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., entered into a definitive agreement with Larry H. Miller Group of Companies to acquire Larry H. Miller Dealerships, the eighth largest dealer group in the U.S., and Total Care Auto, Powered by Landcar.

That's a BIG power play right there. We're going to see more and more consolidations. Within a few years, there's only going to be a hand full of single points and smaller dealer groups. What do you think?

 

[ChrisR]

Consolidation is bad for the consumer. Hope some smaller groups hold on to their missions & keep going.