LOGIN(888) 592-6631

SURETY BOND BLOG

Daily Archives: May 29, 2014

29
May
2014

NADA Report: Flat profit for auto dealers for 2013

.   According to the National Automobile Dealers Association (NADA)’s report for 2013, even though auto sales increased during last year, the 17,665 dealers of new cars did not make profit, as there was tougher competition. Profitability stayed at 2.2%.   Pre-tax profit of dealerships is $923,248, which is 10% higher than the previous year. read more »