Average dealership pretax profit slipped 33% in the first half of 2024, according to a report 📉 Despite declines, expenses at dealerships are not decreasing fast enough. #automotive #business
The report from Presidio Group and NCM Associates also found the typical dealership hasn’t reduced expenses quickly enough amid profitability declines.
https://www.autonews.com/dealers/car-dealership-profits-slipped-first-half-2024-report-shows