New Car Sales Are Down, But Car Dealers Never Had It So Good

Salesman (right) at a Toyota dealership in El Monte, Calif., helps a customer. Getty Images For dealerships, higher margins per vehicle have more than made up for the drop in new-vehicle volume due to...

New-Car Supply Is Low, And Demand Remains High

The front row conceals empty spaces outside a Toyota dealership in California. MediaNews Group via Getty Images Expect U.S. auto sales in April to fall around 20% vs. April 2021, due to low new-vehicl...