The term identifies a specific entity operating within the automotive sales and service sector. Such an entity typically encompasses a collection of dealerships or service centers managed under a unified corporate structure. An example would be a business organization comprising multiple car dealerships, each representing different automotive brands but all falling under the same ownership and management.
These organizations play a significant role in the automotive industry, impacting both consumers and local economies. Their scale often allows for greater purchasing power, leading to potentially more competitive pricing and a wider selection of vehicles. Historically, the growth of these groups reflects the increasing consolidation within the automotive retail landscape, driven by factors such as economies of scale and streamlined operations.
