Quote:
Originally Posted by Shipping up to Boston
They do..
Just like they release new models around September for the following calendar years vehicles. It’s fluid. Just like municipalities fiscal year ends on June 30....private businesses, some end on April 30 and some run a calendar year.
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The post you quoted is 100% wrong. It is not fluid, in any way, shape or form.
The "month" for auto dealers ends on the "Last Reporting Day" of the month, per the manufacturers calendar. For internal accounting purposes, a dealer can do whatever he wants, but new car sales have always run on a monthly reporting cycle and are required to be reported that way.
All manufacturers in the US, require "monthly reporting" and they see monthly statements.
For internal purposes, *could* a dealer change his "accounting month"? Sort of, but it wouldn't really change the manufacturers' requirements regarding monthly reporting days (which is usually the first week day, after the end of the month).
Manufacturers will sometimes play with their "reporting month", internally.
Let's say the predicted #'s show that Honda is going to outsell Toyota for the month of October (because Toyota had a vehicle shortage). Toyota might finagle their October #'s because they already know they'll be #2 and move those sales into November, to show a huge "win".
None of that affects the dealer, because they are required to report all sales at the end of a calendar month (there are some nuances that have to do with the reporting [RDR cards]), but it's too esoteric for this discussion and not relevant.