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Truck Dealers in the US: Market Research Report

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

Truck Dealers Market Research Report | Consumer Goods & Services | Sports & Recreation | Nov 2012

Keep on trucking: pent-up demand and pre-buying will drive short-term growth

The Truck 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
$94bn
Annual Growth 07-12
-1.1%
Annual Growth 12-17
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Profit
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Employment
127,794
Businesses
2,361
Industry Analysis & Industry Trends

The Truck Dealers industry took a double blow in the past five years, with industry revenue falling because of new, stricter EPA regulations as well as the constricting effects of the recession. Pent-up demand and pre-buying are currently driving growth in the industry, but another EPA requirement taking effect in 2014 will stifle the industry's ultimate growth. Revenue will rise slightly over the next five years, but overall the industry is in the decline phase of its life cycle.... purchase to read more

Industry Report - Industry Investment Chapter

Truck dealers require salespeople, technicians and office workers to operate. In 2012, wages account for about 9.6% of industry revenue. Labor costs have been volatile over the past five years. For example, wages as a share of revenue increased in 2007, but decreased in 2011, reflecting depressed sales volume more than layoffs. Nonetheless, wage declines in 2009 were largely due to layoffs and dealer closures brought on by the recession.

Industry depreciation costs are low. By classifying vehicles as short-term assets, truck dealers tend to avoid significant depreciation expenses. Service equipment and the physical dealership are the industry's primary long-term assets. In 2012, the industry spends about $0.16 on capital for every dollar spent on labor... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Truck Dealers Industry?

This industry is comprised of firms that sell new and used medium- and heavy- duty commercial trucks. In addition to new truck sales, many firms offer a wide variety of used trucks and new truck parts for sale. Many dealers also provide truck repair services. This industry does not include light truck or sport utility vehicle (SUV) dealers.

Industry Products
New medium- and heavy-duty trucksUsed medium- and heavy-duty trucksParts and repair services
 
Industry Activities
New commercial truck salesUsed commercial truck salesSales of commercial truck partsCommercial truck repair services


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