Only 2.2% in profits? But auto dealers say yippee

April 10, 2015 11:19 AM

55 0

Most business owners would wonder why it's worth the effort for a 2.2% profit rate, but car dealers in general are thriving at that level.

The 2.2% pretax rate for dealerships last year included not only profit on new car sales, but used cars, service and parts, the National Automobile Dealers Association says.

Read more

To category page