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October 2010 in Review

November 19, 2010

Again and again, it seemed like everyone had a strong used car month as I reviewed October’s ACAR Reports.  Not only gross, but sales volume too.  The timing couldn’t be better since it is the best time of the year to get the used inventory clean as you enter November and December. Aside from used car sales I didn’t see any strong consistencies in other departments. Overall dealers had a good month. 
One of our high end dealers had their best month ever in volume, gross and net profit.  Chrysler Dodge and Jeep dealers continue to build their profitability. Keep cleaning the inventories and take advantage of year end marketing opportunities.