Here's how profitable Toyota is right now:
— Car Dealership Guy (@GuyDealership) April 3, 2024
In February, Toyota and Lexus dealerships captured 29% of the car industry's *total* new-vehicle gross margin.
Basically, if the industry made a total of $1 on all new cars sold in February—Toyota earned 29 cents of that.
Here's the… pic.twitter.com/zJSRU7qeaq