Market Research Logo

New Car Dealers in Florida - Industry Market Research Report

New Car Dealers in Florida

The New Car Dealers industry in Florida has experienced slow-to-moderate growth over the five years to 2017. Rising employment and income levels, as well as historically low interest rates, have driven up consumer confidence, spurring more consumers to make large purchases, such as automobiles. Moreover, a gradually aging vehicle fleet has also fostered demand and revenue growth, as buyers are more apt to trade in older vehicles for updated models. However, rising interest rates are troublesome for car dealers in Florida, especially operators in South Florida, which rely heavily on auto leasing to generate revenue. With the era of cheap credit slowly coming to an end, consumers will be less apt to lease or purchase new automobiles. These factors will lead to industry revenue declining over the five years to 2022.

This industry sells new and used passenger vehicles. Vehicles include passenger cars, light trucks, sport utility vehicles (SUVs) and passenger vans. New car dealers also sell parts and provide repair services.

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.


ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report