What Are Dealerships Going to Do as Sales Decline? (opens in new tab)

With new vehicle volumes poised to decline through 2026, dealerships are understandably concerned about the future. Sales are estimated to retract by 2.5 percent (year-over-year) in the United States while leases could drop by as much as 3 percent. Canada is poised to have it even worse, with sales declining by as much as 4.7 percent. However, retailers still have an ace up their sleeve by way of their service departments. We’ve covered why new vehicle sales are starting to become…