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RetailHow the megadealers can live up to their original expectationsHow the megadealers can live up to their original expectations
In the mid 1990s, an automotive retailing revolution began which promised to change the landscape of the industry. It wasn’t the chrysalis of the Internet, but instead the aggregation of groups of dealers into public companies run by professional managers. The theory was simple: A large public company could issue stock and grow by acquisition, gain scale, capitalize on operational synergies to reduce