JUNE 2024 VS . JUNE 2023 In June , the average dealer was down 12.6 % in combined revenue according to composite data from more than 1,700 dealers in the U . S . that use the Lightspeed DMS . Following last month ’ s trend , the most signifi cant revenue decrease was reported in the parts department , down 13.1 %. The Midwest region was down the most in parts , reporting a 16.3 % decrease , and the remaining regions were down between 10 % and 14 %. Dealers were down an average of 8.5 % in the service department , with the South reporting the least signifi cant |
drop of 6.3 % in service revenue . The Northwest was down the most in service , reporting an 11.5 % dip . In the sales department , dealers were down an average of 13.0 %. The Midwest was down 18.3 %, the West was down 15.1 %, and the Northwest was down 13.0 % in sales . The Northeast reported the lowest combined revenue drop , down 8.6 % in June , while the Midwest reported a 17.3 % decrease , and the West reported a 14.4 % decrease in combined revenue . Dealerships across the nation were down an average of 12.6 % in combined revenue in June . |
PARTS SALES Parts sales revenue was up at 497 dealerships and down at 1317 .
SERVICE SALES Service revenue was up at 698 dealerships and down at 1131 .
MAJOR UNIT SALES A total of 575 dealerships were up and 1124 were down .
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