Car Dealer Sales, Profits On The Rise


Kolao dealership

Great prospects ahead of car dealerships
Philiproeland / Flickr / CC BY-NC-ND


From 812 to 874 – that’s the average increase in car sales per dealer from 2012 to 2013.

This is certainly good news for auto dealerships, especially after the lowest point in 2009 when sales were at 564 cars per dealer. In the five years since then, the industry has slowly returned to normal operation. If the positive trend continues, and there are good reasons for this with the improving U.S. economy, the average sales can reach 900 cars this year. The expected sales figure for the country is 16 million for 2014.

The number of auto dealerships is also slowly growing. The best results are in California and Texas.

The general prospects for the industry are positive for the next years as well. Some even compare them with the early 2000s.

Read the source article at CBS Detroit

Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog. He has held a range of different roles within the surety industry, from agent assistant to bond issuer, which gives him a unique insider perspective on surety related topics.

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