| With Car Dealerships' Ranks Thinned, the Survivors Thrive
The New York Times, March 27, 2015 Friday
ONLY a few years ago, in the depths of the recession, the local car dealership seemed to be living on borrowed time. Franchises were closing by the hundreds as buyers stayed away from what were increasingly seen as outmoded showrooms. Now, with the economy back, auto sales are booming, and investors seemingly cannot get enough of the hardscrabble business of ''moving metal.'' This month, Berkshire Hathaway, Warren E. Buffett's holding company, completed its acquisition of the Van Tuyl Group,...