Back
Happy February 2007 vehicle sales release day. I hope you caught Ed Lapham's editorial yesterday in AutoNews. In the article he said the CPA firm Woodward & Associates estimates more than half of all U.S. new vehicle dealers lost money in January, and only of all dealers made more than $10,000. Now I should point out that January is a seasonally slow month. But this statistic makes me think about a comment a private dealer (whom I have come to respect over the years) made on the ARS interactive section of the website. His comment related to my remarks on Lithia. Specifically (as you can also read on the website,) he said: "I thought your criticism of LAD's inventory management and results
... To view the entire article: Related Companies: AutoNation
Dealer Inventories
Ford Motor Company
General Motors
Group 1 Automotive
Lithia Motors
Sonic Automotive
|
1 - LAD