August 2022 dealership sales data revealed

OPE wholegood revenue in August 2022 declined 12% on average vs. August 2021 for dealerships in the U.S., contributing to an overall average dealership sales decline of 10%, according to the latest data provided to OPE Business by Constellation Data Solutions. The data comes from a study of more than 1,500 OPE same store dealerships.

Service revenue was 10% on average and parts sales declined 4% on average at U.S. OPE dealerships in August 2022 vs. August 2021.

In Canada, wholegood sales faced an average 27% decline, with service revenue down 16% and parts declining 11% on average. The overall dealership average revenue drop for August in Canada was 21%.

In the U.S. West region, the average overall dealership sales were flat, with wholegood sales down 2%, service down 15% and parts showing an 8% increase.

The average dealership in the Northeast encountered significant challenges, with wholegood sales declining 20%, leading to an average overall dealership revenue drop of 19% in August 2022 vs. August 2021.

States in each region are as follows:

Midwest: Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, North Dakota, Nebraska, Ohio, South Dakota and Wisconsin

Northeast: Connecticut, Massachusetts, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont

South: Alabama, Arkansas, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, Puerto Rico, South Carolina, Tennessee, Texas, Virginia, West Virginia and Washington DC

West: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, New Mexico, Nevada, Oregon, Utah, Washington and Wyoming

Constellation Data Solutions is a division of Constellation Dealership Group.

Advertisement


Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *