As the global economy grapples with an affordability crisis, public dealership groups are shifting their focus to meet the growing demand for used vehicles. With prices of new cars skyrocketing, consumers are increasingly turning to the pre-owned market for more affordable options. In response, six major public dealership groups are adopting volume and profit strategies to capitalize on this trend. By expanding their used vehicle inventory and implementing cost-saving measures, these groups aim to capitalize on the growing demand for reliable and affordable transportation, potentially disrupting the traditional new car sales model in the process.
The six public dealership groups focus on volume and profit strategies as used vehicles become a solution to the affordability crisis.
