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Dealership diversification

Canadian Auto Dealer

It is also involved in selling auto financing. “We Alberta-based GoAuto is another major group in the retail automotive space that has a wide range of businesses, including insurance, in-house financing and the RV sector. It now owns three powersports businesses. Overall, the company has 41 rooftops and represents more than 60 brands.

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Dealership Buy/Sell Market Hits Record High in 2024 as US Auto Dealer Confidence Rose

Dealer World

Strong franchises thrived on low inventories and sustained high gross profit margins, while weaker franchises struggled with ballooning inventories, rising floorplan costs, and falling gross profits. This divergence created a marketplace of winners and losers, clearly reflected in days supply of vehicles.

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