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New Car Dealers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

New Car Dealers Market Research Report | NAICS 44111 | Feb 2014

Hit the road: Rising consumer confidence will revive the industry as consumers resume purchasing new cars

IBISWorld’s New Car Dealers market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$592bn
Annual Growth 09-14
2.1%
Annual Growth 14-19
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Profit
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Employment
931,993
Businesses
18,420
Industry Analysis & Industry Trends

The past five years have been chaotic for the automotive sector. As new vehicle sales slowed, new car dealers increasingly looked to their parts and service departments for revenue. In the next five years, firms will continue to shift to parts-and-service-oriented business models to revive revenue. Additionally, the introduction of new European-based models that cater to consumer preferences of fuel efficiency will encourage drivers to trade in for new cars... purchase to read more

Industry Report - Industry Locations Chapter

New car dealerships can be found in every state but are dispersed mostly according to population. The state with the highest number of new car dealerships is California, which also has the nation's largest population. Texas and New York, the second and third most-populated states, respectively, have the second- and third-largest number of new car dealerships. Industry revenue also has a strong correlation with population distribution. California accounts for the largest share of industry revenue at 8.7%. The remaining top five most-populated states (Texas, Florida, New York and Pennsylvania) generate 22.5% of industry revenue.

The proportion of new car dealerships in a particular state or region is also driven by personal incomes and vehicle preferences... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the New Car Dealers Industry?

This industry sells new and used passenger vehicles. Vehicles include passenger cars, light trucks, sport utility vehicles (SUVs) and passenger vans. New car dealers also sell parts and provide repair services.

Industry Products
New vehiclesUsed vehiclesParts and repair services
 
Industry Activities
Selling new carsSelling new light trucks Selling used carsSelling used light trucksProviding vehicle maintenance and repairs


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