The time period identifies a selected entity working throughout the automotive gross sales and repair sector. Such an entity usually encompasses a group of dealerships or service facilities managed underneath a unified company construction. An instance can be a enterprise group comprising a number of automotive dealerships, every representing completely different automotive manufacturers however all falling underneath the identical possession and administration.
These organizations play a big function within the automotive business, impacting each customers and native economies. Their scale usually permits for higher buying energy, resulting in probably extra aggressive pricing and a wider choice of autos. Traditionally, the expansion of those teams displays the growing consolidation throughout the automotive retail panorama, pushed by components reminiscent of economies of scale and streamlined operations.