Just How Important Are Car Dealers to the Economy?

Just a few statistics from the National Auto Dealers Association-(1/10/2008)

The importance of the retail car dealership community is never more remarkable than it is after you consider the profile routinely updated and publicized by NADA. Just in case you have not considered it lately…

NEW-VEHICLE DEALER FACTS

U.S. annually:

• Average sales per dealership: $31.9 million.

• Total sales of all new-vehicle dealerships: $675.3 billion.

• Dealership sales as a percentage of total retail sales: 20.3 percent.

• Estimated number of new-vehicle dealerships: 21,200

• Total number of new-vehicle dealership employees: 1,120,100

• Average number of employees per dealership: 53

• Average annual earnings of new-vehicle dealership employees: $47,191

• Dealership payroll as a percent of total state retail payroll: 12 percent.

• Annual payroll of new-vehicle dealerships: $53 billion.

• Average annual payroll per new-vehicle dealership: $2.49 million.

Source: National Auto Dealers Association