Auto Retail Buy-Sell Activity Explodes

The report explains how dealership profits have tripled along with demand from dealership groups that want to acquire more stores.
The report explains how dealership profits have tripled along with demand from dealership groups that want to acquire more stores.
Highlights include a significant spike in dealership profits and skyrocketing demand from dealership groups that want to acquire more stores.
Haig Partners’ Q2 report charts an astonishing 60% drop in buy/sell activity among U.S. auto dealerships and finds privately held stores and groups are increasingly focused on pre-owned sales.
A survey of Automotive News’ top 150 U.S. auto retailers finds per-copy averages grew 4.6% to $1,482 in 2018, fueling a 7.5% increase in total F&I revenue.
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