March 17 (Reuters) – Earnings of U.S. auto dealers have eased over the past few months from record levels hit in 2022 as margins came under pressure from high interest rates and inflation, a report showed on Friday.In 2022, profits reached an estimated $6.5 million per location for dealerships owned by public auto retailers, more than triple of pre-pandemic levels, according to the report from Haig Partners, a buy-sell advisory firm to auto dealers.”We’ve polled owners of hundreds of dealerships over the past few weeks, and most expect profits will decline 10%-15% in 2023,” said Alan Haig, president of the firm.But …
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