U.S. Automobile Wholesaling Industry Report 2024: Rising Oil Prices To Support Increased Consumer Demand For Fuel-Efficient Vehicles


(MENAFN- GlobeNewsWire - Nasdaq) Dublin, Feb. 13, 2024 (GLOBE NEWSWIRE) -- The "Automobile Wholesaling in the US - Industry Research Report" has been added to ResearchAndMarkets's offering.
The industry creates an efficient marketplace for selling new and used automobiles, light trucks, SUVs, heavy trucks, motorcycles, trailers, buses and motor homes. Through 2023, wholesalers' performance was volatile and mixed. New car sales, a strong indicator of performance in the consumer market segment, were weak. At the same time, business sentiment was strong for some years, supporting larger vehicle wholesaling.

COVID-19 supply-side shocks in 2020 curtailed industry demand and purchases, leading industry revenue to decline at a CAGR of 4.1% to $677.1 billion through 2023. Similarly, industry profit, measured as earnings before interest and taxes, is expected to decline to 2.4%, as revenue declines less sharply at 1.4% in 2023 alone.
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.

Company Coverage

  • Ford Motor Co
  • Toyota Motor Corp
  • Stellantis N.V.
  • General Motors Company
  • Nissan Motor Co. Ltd.

Key Topics Covered:
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

For more information about this report visit

About ResearchAndMarkets
ResearchAndMarkets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

CONTACT: CONTACT: ResearchAndMarkets Laura Wood,Senior Press Manager ... For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

MENAFN13022024004107003653ID1107846632


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.