US car dealers to enjoy record profits in 2022
Automakers saw lower profits in the first quarter of 2022, but the companies that actually sell the cars posted record profits, even though declining inventories and higher prices led to lower monthly sales. I am enjoying
Auto dealers are making record profits, according to the Haig report for the first quarter of 2022.
Not only are dealers making record profits in 2022, but the value of their business appears to be reaching new heights in the process, according to the Q1 2022 Haig Report. What helps increase the value of the business is the fact that dealers are more profitable and more people want to buy them, thus helping to make the market more competitive.
Buying and selling activity got off to a strong start in the first quarter of 2022, with man...