New 20 Group for Used-Car Dealers

The National Automobile Dealers Assn. has formed a 20 Group for independent used-vehicle dealers.

NADA says it is part of continuing efforts to help dealers improve performance and profitability.

The gatherings of non-competing dealers will focus on inventory management, expense control and revenue generation.

“Independent used-vehicle operations are increasingly important to a dealership's overall bottom line, and this new 20 Group will help dealers enhance the efficiency and profitability of that growing part of their business,“ says Wayne Phillips, NADA 20 Group consultant.