New car dealers not as profitable as the once were
October 24, 2017 at 11:45 AM EDT
Despite record new car sales and higher average transaction prices, new car dealers aren't the cash cows they once were. The National Automobile Dealers Association (NADA) released its midyear report last week, and it’s not great news for dealers as intense competition eats into their earnings. MORE: Study: Most families in America can't...
Despite record new car sales and higher average transaction prices, new car dealers aren't the cash cows they once were. The National Automobile Dealers Association (NADA) released its midyear report last week, and it’s not great news for dealers as intense competition eats into their earnings. MORE: Study: Most families in America can't...