Feature Article: VFACTS June: Small And Light Cars Shore Up June Car Sales Market
Sales of new cars fell in June but few were surprised. The industry had been expecting it and most have their stock levels about right to manage a bit of softening without too much grief.
The bruising of the GFC drove some important efficiencies into the dealer sector concerning stock levels and management of floor-plan financing exposure.
“Through the GFC dealers learned to drop stock levels and consequently some dealers' profitability grew (through the downturn). Post ... continue reading