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Is traditional automotive dealership dead?
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Tesla Motors is turning that business model on its head with high-end retailers that have automotive dealership associations crying foul.
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The company counts TCI Tire Centers, automotive dealership channel provider Dealer Tire as well as online tire service operator Tire Rack among its competitors.
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Just where will automotive dealerships that service markets such as cars, trucks, buses, and forklifts fit in?
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The trust is closely connected with Reynolds and Reynolds Co, a privately held firm in Dayton, Ohio, that develops software and services for automotive dealerships.
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CarMax operates in a highly fragmented used-car market, which includes about 18,600 franchised automotive dealerships and 36,500 mon-and-pop and internet-based dealers.
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Actor Patrick Dempsey arrives for the opening of the first North American McLaren Automotive dealership in Beverly Hills, California January 10, 2012.
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Television host Jay Leno speaks during the opening of the first North American McLaren Automotive dealership in Beverly Hills, California January 10, 2012.