Quote:
Originally Posted by crowe
I would be surprised if 15% are losing money. However I would love to compare the unprofitable dealers numbers this year to just a few years ago.
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The article made the same point and indicated that Hyundai's dealer profitability was hovering between 50% and 70% not too long ago.
Quote:
Originally Posted by crowe
Both Hyundai & Kia have added several big hitter stores in the last year. With sales increases at existing stores, the addition of new stores & little increase in production inventory shortages have become a problem. Which dealers do you think are getting the short end of the stick on allocation the new big hitters or the smaller existing stores?
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Interesting comment. The article also mentioned inventory shortages but didn't highlight your point concerning the big hitter stores. It's got to be frustrating watching some of the big stores hitting home runs by selling cars you can't get.