Published on 20 Aug 2024 on Insider Monkey · via Yahoo Finance
Group 1 Automotive, Inc. (GPI) Positioned Among Top Auto and Truck Dealership...
We recently compiled a list of the 7 Best Auto and Truck Dealership Stocks to Buy. In this article, we are going to take a look at Group 1 Automotive, Inc. (NYSE:GPI ) against the other auto and truck dealership stocks.
US Car and Truck Dealership Market
The auto dealership market is one of the key segments of the greater automotive industry. According to a report by Verified Market Research, the auto dealership industry was valued at $257.30 billion in 2023. The market is forecasted to grow at a compound annual growth rate of 4% to reach $338.6 billion by 2030.