April 2013 Dealer Profitability

Amelia Taylor | 30 May 2013

Total industry

  • The total industry experienced a decline in average dealer profitability this month following a slower than usual March. At 1.3% the industry is well below all of the individual market segment benchmarks by at least 2 percentage points.

State by State

  • The average dealer in every region declined barring the SA&NT area that remained the same this month. This is a feat considering the challenging conditions that dealers are currently experiencing
  • The largest decline in profitability was experienced by NSW&ACT and WA. These states experienced a decrease in profit by 0.7 percentage points. At 0.8% this is the lowest profitability the average NSW&ACT dealer has experienced since July 2011. For the average WA dealer last April was the most recent time that their profitability dropped to 1.8%.

Segments

  • All three segments experienced a decline in NP%S this month, with the greatest decrease happening in the luxury market
  • This is the lowest that profitability has fallen to in all segments, on a monthly basis, for the past year and a half.

Click the graph below to see full profitability presentation

April profitability chart

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