Selling a new car dealership can be a big decision. However, it can be lucrative if you are retiring or cashing in on years of hard work. Before selling a new car dealership, it is important to get a car dealership valuation. This process also helps you understand the...Read More »
After the strain created by the COVID-19 pandemic, the new car market has rebounded and been one of the strongest markets in the US. New car dealerships have greatly benefited from the increased demand. If you are looking for a way to profit from the strong new car...Read More »
New car dealerships sell new cars, trucks, SUVs, and passenger vans. Over the past 5 years, this industry generated over $1 trillion in revenue. According to IBIS World, we can expect healthy revenue and profit growth to continue in the years to come. As such, now is...Read More »
Businesses in the new car dealing industry sell new and used vehicles such as cars, SUVs, trucks, and passenger vans. Many new car dealerships also sell auto parts and provide car repair services. According to IBIS World, this industry has performed well over the past...Read More »
The automotive industry is experiencing a drastic lack of cars due to supply chain shortages. This is severely impacting new car dealerships. With such a significant change in the automotive industry, many car dealers are looking to exit the market or enter the...Read More »
