Jack Walsworth with Automotive News reported on the number of auto dealership transactions tracked in 2021 and how a quarter of the total 382 they tracked were standalone, single franchise owners.

In the article, Alan Haig is quoted talking about the importance of the relationship between dealers and manufacturers and how it can have an impact on buyer demand for certain brands such as Toyota. In addition, Alan shared the following in the article:

"Many dealers told us that Toyota separated itself, distinguished itself during the pandemic, for the quality of information they provided to their dealers, to allow dealers to plan and act: 'Here's what you can expect to receive this month in terms of number of new units. Here's what you can expect to receive in the next quarter,' " said Haig, whose firm was involved in the sale of six Toyota dealerships over the past year. "And that allowed dealers to plan. And I think that there's always been a very high spirit of partnership between Toyota-Lexus and its dealer body."

"They have cars, they have trucks," Haig said. "You can spend $30,000 on a Toyota or $90,000. They have a really big range and they're very profitable businesses. So just about every dealer in the country would love to add a Toyota store to their business, their group."

Read the full article in Automotive News at autonews.com [may require a subscription].

"They have cars, they have trucks," Haig said. "You can spend $30,000 on a Toyota or $90,000. They have a really big range and they're very profitable businesses. So just about every dealer in the country would love to add a Toyota store to their business, their group."