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With the market growing by 2.2% in 2013, profitability for the average dealer in Australia fell by 17%. That’s amazing to think: in a growing market, the profit of the average dealer was down.
December was the most profitable month in the last quarter of the calendar year for the average Australian dealer with NP%S at 2.9%. Comparing year-on-year, average dealer profitability improved marginally in 2014 with a calendar year-to-date result of 1.9%.
November saw dealer profitability fall sharply on prior month performance for the average dealer in Australia with an NP%S of 1.3% across the industry.
October saw dealer profitability fall on prior month for the average dealer in Australia with an NP%S of 1.9% across the industry.