A range of motor vehicle dealerships and wholesalers have parked themselves in the top 500 non-listed companies in Australia in a sign that cashed-up buyers were steering the sector out of the slow lane.
According to the IBIS World 500 private company list, there were 34 companies from the motor vehicle sector on the list totalling more than $18.3bn in revenue 2022-23, helped by purchases delayed by the pandemic and the easing of supply chain disruptions.
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