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In 2023, the Keating Auto Group was ranked 1st as the Largest Privately Held Auto Group in Texas as well as the 9th Top Privately Held Dealership Group in the United States. [1] Automotive News ranked the Keating Auto Group as the 15th Largest Auto Group in the Nation. [4] In 2024, Keating was nominated for Time Magazine Dealer of the Year ...
Furthermore, ZT Automotive was included on the Top 150 Dealership Groups of 2023 from Automotive News. [ 36 ] Furthermore, in 2023, ZT Corporate completed a strategic management buyout of ZT Motors, followed by Badar’s assumption of an active role as ZT Motors’s CEO.
A car dealer orders vehicles from the manufacturer for inventory and pays interest (called flooring or floor planning). Dealer holdbacks are a system of payments made by manufacturers to their dealers. [5] The holdback payments assist the dealer's ability to stock their inventory of vehicles and improve the profitability of dealers.
Virginia, North Carolina and Texas topped the list, while Alaska, Mississippi and Hawaii were at the bottom. Indiana moved up two spots from 13 on the previous list, and Michigan was up one from 10th.
It is the third largest new vehicle automotive dealership group in the United States, below AutoNation and Penske Automotive Group. [8] As of May, 2024, Lithia operates 298 stores in the United States, 14 stores in Canada and 170 in the United Kingdom. [9] Lithia Motors employs approximately 21,150 people. [10]
The Indiana Business Research Center, run by Indiana University's Kelley School of Business, Wednesday shared its annual predictions about the state's economy for 2025.
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Asbury Automotive Group is an American company based in Atlanta that operates auto dealerships in various parts of the United States. Founded in 1995, it was ranked No. 360 on the 2022 Fortune 500 list .