Automobile Dealerships: Turning a Corner—or Not?

Business Valuation UpdateVol. 17 No. 9
September 2011
Kevin R. Yeanoplos, CPA/ABV/CFF, ASA


The recession and its aftermath have hit automobile dealerships hard. New vehicle sales have declined for five straight years, including 7.5% in 2010 alone. The number of dealerships fell by 760 in 2010, by 1,550 in 2009, and by 760 in 2008. However, stat ...