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NADA: 2022 shaping up to be another good year for franchised dealerships

2022 is shaping up to be another good year for the nation's new-vehicle retailers, according to dealership financial data from the National Automobile Dealers Association through the first half of the year.

New-vehicle production remains constrained and likely will stay that way for the rest of the year, if not into 2023, Patrick Manzi, NADA's chief economist, told Automotive News following the release of the NADA Data midyear report. The report offers data on sales, service and other financial trends at franchised dealerships through June.

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