According to the NADA findings, the biggest increase in terms of sales at the dealer level last year concerned new vehicles (15.6 percent), followed by used vehicles (9.8 percent), while parts and service sales were up by around 5.7 percent.
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As part of the agreement, Chrysler will retain ownership of the land and buildings, through its Realty division, though New Century will own the franchise rights and inventory.
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Having access to a turn-key retail network already vested in the field of electronic transportation could prove very attractive for small companies trying to break into the market.
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Not only that but research shows they’re often willing to travel to get the best deal on a car or truck.
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