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'It's just scale': Local mom-and-pop car dealerships are growing or dying amid industry consolidation, rise of mega-retailers - CNBC

Multibillion-dollar dealerships have been on the rise amid a decadeslong consolidation that has led to a grow-or-die mentality for many U.S. auto retailers.

The Chairman's DailySaturday, April 18, 20262 min read
'It's just scale': Local mom-and-pop car dealerships are growing or dying amid industry consolidation, rise of mega-retailers - CNBC

Derek Sylvester with members of his family, team and mascot Molly, who was featured on the dealership's logo.

Derek Sylvester's father built the family's original Chevrolet dealership with his bare … [+9203 chars]

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