In recent years, dealers enjoyed record-high gross margins on new and pre-owned car sales.
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Driven by a Consumer Affordability Crisis, Leasing is gaining in Popularity
The U.S. car market is poised for a transformative year in 2024. With used car prices falling and new vehicle production nearing pre-pandemic levels, dealerships...
Fine-Tuning the Parts and Service Operation: Driving Profitability for Any Dealership
With the current supply/demand dynamics in the automotive retail sector, sales margins can be razor-thin. Maximizing profitability increasingly hinges on optimizing a dealership's operations' less...
Articles
Profit Pitstop: Utilizing a Dealer’s Inventory Management System Fully Ensures Sustained Profitability
In recent years, dealers enjoyed record-high gross margins on new and pre-owned car sales.
Read More
Driven by a Consumer Affordability Crisis, Leasing is gaining in Popularity
The U.S. car market is poised for a transformative year in 2024. With used car prices falling and new vehicle production nearing pre-pandemic levels, dealerships...
Read More
Fine-Tuning the Parts and Service Operation: Driving Profitability for Any Dealership
With the current supply/demand dynamics in the automotive retail sector, sales margins can be razor-thin. Maximizing profitability increasingly hinges on optimizing a dealership's operations' less...
Read More