New-car shortages, spike in demand delivers record profits to car dealers

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New data has revealed car dealers in Australia are making record profits amid stock shortages and a spike in customer demand.


New-car dealerships in Australia have banked record profits as thousands of customers wait months – and in some cases years – to take delivery of their vehicles, according to the latest data by an industry accounting firm.

Information compiled by BDO – which specialises in the automotive industry – shows ongoing stock shortages driven…

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