Warren Buffett has turned his investor’s eye to automotive dealerships. His company, Berkshire Hathaway, announced it will buy family-owned Van Tuyl Group. Van Tuyl, based in Phoenix, Ariz., has 78 stores and is the nation’s largest privately-owned dealership group.
Buffett said he expects to buy “a lot more” dealerships over time.
http://wardsauto.com/dealers/berkshire-hathaway-acquire-megadealer-van-tuyl-group
