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CNBC

Car dealerships are relying more on parts and service for profits

Wednesday, August 19, 2026


Car dealership gross profits declined from 2022 levels as supply constraints eased. Dealerships increased focus on parts and service revenue as a more stable income source during market fluctuations.

Original reporting: https://www.cnbc.com/2026/08/19/car-dealerships-parts-and-service.html

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