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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 | Mar 2015

Green light: The industry is poised for solid growth as consumer spending continues to rise

IBISWorld’s Online Car Dealers market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$24bn
Annual Growth 10-15
2.9%
Annual Growth 15-20
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Profit
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Employment
44,955
Businesses
3,035
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 Locations Chapter

Online car dealers are most heavily concentrated in the Southeast, Great Lakes, Mid-Atlantic and West regions. Industry operators tend to concentrate in these regions as they hold the largest share of total population. This proximity to key markets allows companies to save on transportation costs and cut down on shipping times to consumers.

Personal incomes and vehicle preferences also drive the proportion of car dealerships in a particular state or region. New car dealerships selling imported vehicles are heavily situated on the coasts, where three in four coastal consumers purchase imported goods. Similarly, dealerships selling premium vehicles, such as Mercedes-Benz, are heavily situated in the West and Mid-Atlantic regions, where personal incomes are highest... 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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