Each of America’s six largest publicly traded dealer group say gross profit per new vehicle retailed declined on a year-over-year basis in the third quarter, some by double digits. +

Lotlinx’s Len Short describes hidden inventory risk as a “silent threat” and “critical blind spot” that leaves units with correctable issues stagnating on dealer lots until they are flagged for deep discounts. +

Presidio-NCM reports U.S. franchised dealers enjoyed a 3.7% year-over-year increase in net pretax profit in the first quarter following three straight years of post-pandemic losses. +

The Presidio Group/NCM Associates year-end report finds F&I income per unit retailed increased slightly in 2024 while gross profit per new vehicle retailed fell by 33% to $2,247. +

In a survey of 3,900 U.S. franchised dealers, Presidio Group analysts found gross profit per vehicle fell in 2024 while new vehicle sales, F&I income and total revenue improved. +