Anyone working in the retail automotive industry, particularly in a car dealership, are aware of how fleeting dealership profitability can be. Especially in times of economic uncertainty.
I’ve been speaking to many a car dealership all over the country in the past year. Even where revenue has grown and business has expanded steadily, consensus seems to be that expenses have grown just as much, if not more.
Growing revenue as a car dealership is one thing but declining profitability is not great for any business.