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Car Dealers: What to Expect in 2023…
Featuring: Alan Haig of the Haig Partners
Air Date: February 16, 2023
1pm Eastern/ 12pm Central / 11am Mountain / 10am Pacific
Program Length: 45 minutes
How chips, inflation, inventories, used car values and staffing issues will challenge automotive retail dealerships in a year of change…
It’s no secret that scarcities of many types (chips, cars, etc.) have created a retail business environment that allowed for much higher than typical gross profits, somewhat lower expenses and for some… a couple of years of record-breaking profits. Enter continuing inflation pressures, higher interest rates and a world of nervous consumers… all making expectations for 2023 less.
Alan Haig of the Haig Partners has proven to be an industry analyst with an authoritative view of how retail automotive works. He joins us for a frank discussion of how these factors will impact business, profitability and Buy/Sell values going forward. And don’t forget EVs and the impact on sales, and factory-demanded costly investment at the dealer level.
Your understanding of how all these factors will combine to change your business is vital and Alan is the go-to guy for that brand of insight.