The Operational Mindset: How It Can Help Your Dealership Prosper
The automotive industry is changing. The average operating profits for dealers dropped by roughly $105,112 in 2018. It’s now down to -$13,338. Expenses as a percentage of gross profit climbed more than 2 percentage points from 98.7% up to 100.2%. All of this comes straight out of NADA’s recently released annual financial profile of America’s car …
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