Sunday, April 2, 2023

Column: This year's annual dealership group ranking chock-full of change

Column: This year's annual dealership group ranking chock-full of change https://ift.tt/VpkTWSZ

It won't take long for readers of Automotive News' latest list of the top 150 dealership groups to notice changes in the lineup.

2023 Automotive News list of the top U.S. dealership groups shows many shifts

2023 Automotive News list of the top U.S. dealership groups shows many shifts https://ift.tt/EgXqezU

The groups on the annual Automotive News list commanded a bigger percentage of the U.S. industry's new light-vehicle sales in 2022 and held a growing share of the U.S. dealership count.

Which dealership group generated the most revenue per dealership in 2022?

Which dealership group generated the most revenue per dealership in 2022? https://ift.tt/YBaMbRj

Sam Pack Automotive Group in Dallas, No. 79 on the overall list, took the title of the group with the highest average revenue per dealership, up from third place in that category a year ago.

Saturday, April 1, 2023

The top 150 groups' share grows larger

The top 150 groups' share grows larger https://ift.tt/j3PfXWh

The six publicly traded groups on the list collectively retailed 1,094,459 new vehicles, up 1.5 percent.

Friday, March 31, 2023

Dealer anniversaries

Dealer anniversaries https://ift.tt/lu89QWr

Dealers featured this week include Tom Heffernan, dealer principal of Tom Heffernan Ford in Lake City, Minn.; and Paul Rusnak, dealer principal of Rusnak BMW in Thousand Oaks, Calif.

Tesla deliveries face one big question: Did price cuts work?

Tesla deliveries face one big question: Did price cuts work? https://ift.tt/HpDTZrW

The Elon Musk-led carmaker is expected to announce quarterly delivery and production figures in early April, providing an initial glimpse into how well the company’s strategy of chasing volume over profit margins worked.