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Car Dealers Buy Up More Dealerships, Betting High Prices, Low Inventory Will Persist; Just Not As Extreme

Car Dealers Buy Up More Dealerships, Betting High Prices, Low Inventory Will Persist; Just Not As Extreme

A computer chip shortage is driving record high new-car prices. That’s temporary, but dealer groups … [+] are buying up dealerships, partly in the belief that lower inventory and higher prices are here to stay — just not to such extremes. Getty Images Some of the nation’s biggest auto dealer chains are betting in the …

Car Dealers Buy Up More Dealerships, Betting High Prices, Low Inventory Will Persist; Just Not As Extreme Read More »