Used Car & Light Motor Vehicle Dealers in the UK - Industry Market Research Report
Description
Used Car & Light Motor Vehicle Dealers in the UK
The industry has come under pressure because of weak consumer confidence and economic uncertainty. In 2020-21, car dealers were severely affected by the COVID-19 pandemic, which led to revenue falling by 20.1%. Revenue is expected to decline at a compound annual rate of 1.3% to £18.1 billion over the five years through 2022-23. This includes estimated revenue growth of 2.1% in 2022-23 as prices of used cars went up because of undersupplying the industry.
Dealers and auctioneers in this industry sell used cars and other light motor vehicles. Vehicles sold include passenger cars, SUVs, jeeps and any other vehicles weighing less than 3.5 tonnes, including ambulances and minibuses. The sale of new vehicles and private-to-private and business-to-business sales are excluded from the industry.
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."
The industry has come under pressure because of weak consumer confidence and economic uncertainty. In 2020-21, car dealers were severely affected by the COVID-19 pandemic, which led to revenue falling by 20.1%. Revenue is expected to decline at a compound annual rate of 1.3% to £18.1 billion over the five years through 2022-23. This includes estimated revenue growth of 2.1% in 2022-23 as prices of used cars went up because of undersupplying the industry.
Dealers and auctioneers in this industry sell used cars and other light motor vehicles. Vehicles sold include passenger cars, SUVs, jeeps and any other vehicles weighing less than 3.5 tonnes, including ambulances and minibuses. The sale of new vehicles and private-to-private and business-to-business sales are excluded from the industry.
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."
Table of Contents
43 Pages
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
Major Markets
Globalisation & Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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