The decline in dealership profits: Understanding challenges and strategies to protect your bottom line

Dealership profitability has taken a significant hit this year, with profits dropping by 32.4% year-over-year according to research published by The Presidio Group and NCM Associates. This trend is mirrored in the per-unit profits for new vehicle sales, which have plummeted by 32.9%, leaving dealerships with an average profit of just $2,408 per vehicle sold.