Automobile Wholesaling in the US
Over the five years to 2016, revenue for the Automobile Wholesaling industry is expected to trend higher. In the beginning of the period, automobile retail sales soared due to rising consumer disposable income, improving unemployment and easier access to financing. As the economy rebounded, buyers released pent-up demand for new vehicle purchases that were delayed during the downturn. This trend benefited the Big Three automakers, which historically have focused on trucks and sport utility vehicles (SUVs). Although the industry has since improved, allowing foreign-based corporations to successfully penetrate the US wholesaling market as domestic operators faltered. As a result, internal competition for the industry has increased during the five-year period. The future of the industry looks bright as long as economic factors, such as per capita disposable income, continue to improve.
Companies in this industry wholesale a wide range of new and used vehicles, including automobiles, light trucks, motor homes, heavy-duty trucks, trailers and motorcycles. Automobile wholesalers do not sell motor vehicle parts or tires.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.