2016’s Most Profitable Dealership Brands for US
As indicated by Haig Partners, Florida, benefits at Toyota and Honda dealerships in the USA are increasing, while dealers offering the Lexus, Audi, Infiniti and Acura luxury brands are facing 20% decline.
These evaluations are given as the analysis result from monthly financial and operating information from more than 4,100 dealerships, and annualized January-September results. Nissan dealers experienced 23% declines.This visibility into earnings will give owners, buyers and sellers insight into what they should be doing,' Haig said, suggesting that it can also start negotiations between dealers and automakers on ways to improve.
A portion of the outcomes were surprising. For instance, in spite of solid buyer interest for trucks, US domestic brands saw decreases in year-over-year profits.Jaguar/Land Rover reported the most noteworthy benefit per franchise: $3.3 million. Since Land Rover, as a small niche brand, can 'make more profits off each car and their expense structure is lower, they can net more profit,' Haig reported.
Generally speaking, estimated year-over-year benefits on luxury brands were down for two reasons: buyers' shift to trucks, and high inventory issues causing dealers to sell cars at a discount.
