Automobile Dealers Industry Overview

Companies that retail cars and trucks.

Full Automobile Dealers Industry Description

Consolidation

Economies of scale, auto manufacturers’ desire to streamline and strengthen dealer networks, and the high costs associated with entering the franchise auto industry have encouraged the consolidation of small dealerships. The number of new car dealerships has slowly declined for decades to about 22,000, but the number of high-volume dealers has increased. The number of dealers selling more than 750 cars per year increased 14 percent in the past decade to 6,500.

Full Automobile Dealers Industry Trends

• AutoTrader.com, L.L.C.
• Jardine Cycle & Carriage Limited
• Larry H. Miller Group

View more Automobile Dealers Competitors

Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Automobile Dealers maps to a number of NAICS codes including:

Full Automobile Dealers Industry Codes

• Association of International Automobile Manufacturers
  
• Automotive Aftermarket Industry Association
  
• Automotive Industry Action Group
  

View more Automobile Dealers Industry Associations