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Navigating the Auto Dealership Landscape
This chapter explores Lithia's dominance as the largest U.S. auto dealer with a mere 1% market share, detailing the competitive dynamics and challenges it faces in a fragmented market. It highlights strategic acquisitions, management tactics, and the company's focus on innovative strategies to enhance growth in an evolving automotive landscape. Additionally, the chapter examines financial performance projections and the impact of electric vehicle adoption on future service revenue.