Retail

Dealer acquisition spend doubles in first 3 quarters

Jackson: Lots of discussions
December 30, 2013 05:00 AM
Public groups go shopping

Dealership acquisitions by public retailers were on the rise through the first 3 quarters of 2013.

 First 9 mos. 2013First 9 mos. 2012
U.S. spending$300 million$138 million
Total spending$547 million$362 million
   
Source: Presidio Group

Acquisition spending on U.S. dealerships by public retailers more than doubled during the first three quarters of 2013 from the same period in 2012.

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