Auto dealers most commonly are looking to their back-end fixed operations to improve revenues, according to a Wards survey done in conjunction with the Dave Cantin Group.
Fifty-three percent of polled dealers are undertaking improvements to their fixed operations – including the service and parts departments – to boost revenue.
Main initiatives surveyed dealers are taking to improve profits center on expense review (62%), fixed operations (53%), variable operations (46%) and in-house training (30%).
Variable operations (34%) and expense review (32%) rank highest in dealer efforts to improve store valuation, according to the WardsAuto Dealer 2019 DCG Market Report.
To read the full article, visit WardsAuto
Article written by WardsAuto contributor Steven Finlay
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About Dave Cantin Group:
Dave Cantin Group (DCG) is a full-service M&A firm that manages the sale and purchase of automotive dealerships throughout the United States. With over $11.5 billion in collective dealer acquisitions and $3 billion in dealership listings, DCG is one of the world’s largest automotive dealership M&A firms. Dave Cantin personally has helped raise more than $150 million in the fight against pediatric cancer, and DCG is committed to donating a percentage of its revenue to the cause. DCG is headquartered in New York with regional offices in California, Florida, Illinois, New York, and Texas.
