Automotive Retail | GPB Capital Alternative Asset Management

Automotive Retail

Overview

The franchised auto dealer industry is the largest retail business in the U.S. according to the National Automobile Dealers Association and historically has performed well in both challenging and favorable economic environments.¹ 2016 proved to be a record year for average dealership revenues, average dealership gross profit, and average dealership pre-tax profit. U.S. unit sales approached a record 17.5 million in 2016.² GPB Capital’s acquisition strategy is to focus on brand and geographically diverse dealership assets located in attractive growth markets that are backed by stable manufacturers with a demonstrated commitment to their U.S. automotive presence.

1 Bank of America Merrill Lynch – Auto Dealer Manual – 2016
2 Bank of America Merrill Lynch – Auto Dealer Manual – 2016 and Morgan Stanley January 2016 Autos and Shared Mobility Reports