(Total Views: 315)
Posted On: 05/22/2018 8:02:46 AM
Post# of 40991
Autonation - ~260 dealerships $21M+ revenue in 2016 or Penske ~294 dealerships $20M+ revenue in 2016.
I'd say Autonation in Ft Lauderdale. Penske is in Michigan and we haven't heard much about the Midwest.
Either one is a YUGE win - Autonation sold ~650K (337K New) cars and Penske ~550K.
If you figure 20% after sales market for new and used cars that is approx 125K unit sales at $200 = $25MILLION.
I'd say Autonation in Ft Lauderdale. Penske is in Michigan and we haven't heard much about the Midwest.
Either one is a YUGE win - Autonation sold ~650K (337K New) cars and Penske ~550K.
If you figure 20% after sales market for new and used cars that is approx 125K unit sales at $200 = $25MILLION.
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