The rise of used car superstores
A recently published study estimates that used car superstores accounted for 7% of all UK used car sales in 2001 and that superstores are gaining market share from franchised dealers. Back in 1992 there were no used car superstore outlets in Britain and franchised dealers had a market share of 35% of all used car sales. Since then, as the number of used car superstores has grown to reach 90 outlets in 2002, the market share of used car superstores has increased while franchised dealers' market share has fallen to 25%.
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