large dealer groups Archives

Large Dealer Groups Underperformed Market Yet Saw Phenomenal Financial Performance in Q3 11/10/2020 The gap between same-store unit sales of new- and used-vehicles shrank in Q3, according to the largest players in the auto industry: franchised dealer groups. Compared to Q2, large dealer group new-vehicle sales improved by 13% while used-vehicle sales improved by 6% in the third quarter. Large dealer groups account for roughly 7% of new-vehicle sales and 5% of used-vehicles sales in the U.S., equaling more… Read Article

large dealer groups Market Insights Data Point

Large Dealer Groups Perform Slightly Better Than Overall Market in First Half 08/19/2020 The shift in vehicle demand, away from new and toward used, is clearly reflected in the 1H financial reporting of the largest players in the auto industry: franchised dealer groups. Large dealer groups account for roughly 7% of new-vehicle sales and 5% of used-vehicles sales in the U.S., or 866,695 units for the first half of this year. Looking at the 1H performances of these publicly… Read Article

large dealer groups franchised dealer groups Market Insights Data Point