Group 1 Automotive Inc. is calling out some dealership sellers who it believes are pricing their businesses unrealistically high.
“There is a certain portion of sellers that have unrealistic expectations,” Group 1 Automotive CEO Daryl Kenningham said during the company’s first-quarter earnings call last week. “I always like to tell people, we will never win a bidding war, but we try to stick to discipline with what we will pay for a group of stores.”
Group 1, of Houston, is…
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