New car dealers not as profitable as the once were

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...
Buick and GMC dealershipDespite 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...
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