DETROIT (WWJ) – The state of America’s car dealers is good.
“It’s good news,” said John Frith, a vice president at the dealer consulting firm Urban Science. “Sales are up. Throughput is up. Profits are up.”
Throughput is the industry term for sales per dealer. It averaged 812 last year, a record. Frist expects the number of vehicles sold per dealer to average 839 this year, and remain stable at this level going forward.