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Online Car Dealers in the US: Market Research Report

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

Online Car Dealers Market Research Report | Online Retail | Online Cars & Automotive Goods | Aug 2014

Possible traffic ahead: Increased consumer spending will drive growth, however tepidly

The Online Car Dealers market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$22bn
Annual Growth 09-14
5.6%
Annual Growth 14-19
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Profit
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Employment
44,020
Businesses
3,014
Industry Analysis & Industry Trends

The Online Car Dealers industry experienced its share of wear and tear during the Great Recession, which led to a downturn in per capita disposable income and corporate profit and, thus, drops in consumer and business spending on cars. Improving economic conditions post recession and government incentive programs, however, resulted in overall positive growth from 2008 to 2013. Despite stronger demand from consumers and businesses endowed with higher disposable income and profit, the industry will continue to face challenges in luring consumers to buy online.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Online Car Dealers industry, which is highly fragmented and competitive, exhibits a low level of market share concentration. IBISWorld estimates that the top two players will account for about 4.9% of industry revenue in 2014. In line with the booming online retailing sector, this industry continues growing. Attracted by potential market opportunities and rising demand for new and used vehicles, more companies are tapping into the online automotive retail realm. Given the low capital equipment start-up costs and moderate barriers to entry, the industry is projected to experience an influx of new operators. As such, the number of enterprises is expected to increase 0.5% per year on average to 3,091 during the five years to 2019... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Online Car Dealers Industry?

This industry retails automobiles online to consumers and businesses and provides services to aid in the purchase of automobiles. Autos include passenger cars, trucks and sports utility vehicles (SUVs). Some players offer their customers trade-in, car financing and car selling services. This industry does not include classified websites that feature reviews, guides, photos and advertisements of new and used vehicles for sale.

Industry Products
New vehicle salesUsed vehicle salesParts and repair servicesFinancing and insurance
 
Industry Activities
Selling new and used cars onlineSelling new and used trucks onlineProviding vehicle maintenance and repair servicesProviding vehicle financingProviding car-selling services


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