According to the Latest Economic Census Data the US Retail Auto Industry Includes 50,000 Car and Truck Dealers with Combined Annual Sales of about $770 Billion.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c35348) has announced the addition of Automobile Dealerships - Industry Profile to their offering.

The US retail auto industry includes 50,000 car and truck dealers with combined annual sales of about $770 billion, according to the latest Economic Census data. Among the largest dealers are AutoNation, Sonic Automotive, United Auto Group, 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.

A typical dealership has $30 million in annual revenue; about 500 dealers have annual revenue over $100 million. The overwhelming majority of dealers are privately owned and operate a single dealership, but the largest are publicly traded and own hundreds.

Demand for cars is heavily influenced by consumer income and interest rates, because most cars are bought on credit. A dealership's profitability depends largely on the volume of cars and services sold, because most costs are fixed. Large dealerships have advantages in a wider selection of cars and larger advertising budget. Annual revenue per employee ranges from $300,000 at small dealers to $600,000 at large dealers.

A typical car dealer sells new cars (60 percent of total revenue) and used cars (28 percent) and provides service and parts (12 percent).

These easy-to-use, quarterly industry profiles provide you with the industry analysis you need to better understand any particular business. They synthesize information from hundreds of sources into an easy to digest format, giving you invaluable information about your target market, highlighting critical industry statistics and issues, changes that have taken place since the last quarterly update and key concerns that can have negative or positive impacts on investments. Utilizing the financial and forecasting data while simultaneously learning from educational business overviews can help you and your customers plan more effectively and invest wisely.

These industry reports will educate your sales team on critical industry trends in target markets, empowering them to create more strategic proposals. These industry reports are also essential for professional organizations that want make savvy, educated business decisions.

Key topics covered include:

--Industry Overview

--Quarterly Industry Update

--Business Challenges

--Trends and Opportunities

--Call Preparation Questions

--Financial Information

--Industry Forecast

--Website and Media Links

--Glossary of Acronyms

For more information visit http://www.researchandmarkets.com/reports/c35348