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The top one hundred fifty owned 4,260 shops, or 23.three % of U.S. dealerships, up from 22.7 % for 2021. That’s an enormous leap from 2012, when the top 150’s share of dealerships was at 14.8 percent. And but Keating continues to look for extra dealerships and even made a couple of offers on stores this yr, although these efforts haven’t resulted in any new deals. In its newest outlook, Magna mentioned it expects its complete automobile enterprise to generate gross sales of between $4 billion and $4.5 billion in 2025, down from an estimate of between $4.9 billion and …