Economic Downturns: What Dealerships Should Not Do
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Dealership pre-tax profits are down 33%. It’s a significant hit, and it’s got a lot of Dealerships worried. But what concerns us isn’t the decline itself – it’s the potential for Dealerships to repeat costly mistakes we’ve seen in past downturns. The Costly Mistake of Panic Cutting When profits take a nosedive, there’s a knee-jerk […]