Publics Report Decline in New-Vehicle Gross Profits
Analysts predict further declines while auto retailer CEOs predicted sustained gross profits higher than 2019.
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Analysts predict further declines while auto retailer CEOs predicted sustained gross profits higher than 2019.
People keeping vehicles longer and driving more miles is increasing parts and service needs.
Kerrigan Advisors analysts say the stock prices for America’s seven publicly traded dealership groups are outpacing the broader U.S. equity markets and could soar higher on lower interest rates and new trucks.
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