Open road: Promising economic conditions will sustain the industry in the long termAbstractAutomobile Wholesaling in the US
Over the five years to 2017, 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. The future of the industry looks bright as long as economic factors such as per capita disposable income continue to improve. As consumers continue to flock back to the market, industry revenue is expected to rise. Consumer preferences will continue to trend toward fuel-efficient vehicles, and over the next five years, many US automakers will begin manufacturing green vehicles domestically, giving consumers a wider range of choices.
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.