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Hoover's is Beta Testing our Industries section.
Automobile Dealers Industry Financials
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Automobile Dealers Industry Financial Summary
The US retail auto industry includes 50,000 car and truck dealers with combined annual sales of about $770 billion. Among the largest dealers are AutoNation, Penske Automotive Group, Sonic Automotive, and Group 1 Automotive. The top 100 dealer groups account for less than 15 percent of industry sales in this highly fragmented industry. The industry includes 25,000 new car dealers with sales of $700 billion and about 25,000 used car dealers with sales of $70 billion.
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Automobile Dealers industry.
| NAICS | NAICS Description | Establishments | Sales, Receipts, or Shipments ($1,000) | Annual Payroll ($1,000) | Paid Employees |
|---|---|---|---|---|---|
| 423110 | Automobile & other mtr vehicle merchant wholesalers | 7,018 | $483,738,159 | $4,900,168 | 116,974 |
| 441110 | New car dealers | 26,670 | $645,759,322 | $46,306,269 | 1,143,753 |
| 441120 | Used car dealers | 25,061 | $48,080,931 | $3,001,794 | 109,047 |
| All NAICS Sectors | 58,749 | $1,177,578,412 | $54,208,231 | 1,369,774 |
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