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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.
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]
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.
The first Indiana city on the list is Elkhart-Goshen at number 12. The population of Elkhart-Goshen is 206,890 and the unemployment rate is 4.1%. The median home listing price as of December 2023 ...
The NAR released The Top 10 Housing Hot Spots for 2025 on Thursday and map markers skew mostly toward Appalachia, with cities in the Carolinas, Tennessee and Indiana topping the list.
The Herb Chambers Companies, usually shortened to Herb Chambers, is one of the largest automotive dealership in New England and is the North America's 17th largest dealer group. [ 3 ] Herb Chambers is headquartered in Somerville, Massachusetts and operates 60 retail car dealership locations, [ 4 ] representing 35 different brands.
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 ...