Throughput improves at U.S. stores last year; Toyota holds top spot; dealership count dips
While the numbers of both U.S. dealerships and franchises dropped marginally in 2021, sales throughput for all outlets rose slightly last year, a recovery from the sizable drop in the industry's average new-vehicle sales per franchise in 2020, when the coronavirus outbreak stalled sales. The re...
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description | While the numbers of both U.S. dealerships and franchises dropped marginally in 2021, sales throughput for all outlets rose slightly last year, a recovery from the sizable drop in the industry's average new-vehicle sales per franchise in 2020, when the coronavirus outbreak stalled sales. The rest of the top 10 was rounded out by Kia, up one spot to No. 6; Hyundai, up two spots to No. 7; Mercedes-Benz, down three spots to No. 8; Nissan, down one to No. 9; and Audi, up one to No. 10. Mitch Phillips, global director of data for Urban Science, a Detroit consulting firm tracking dealership counts, told Automotive News that before Russia invaded Ukraine, he'd predicted throughput per store would rise about 5 percent in 2022. |
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subjects | Automobile dealers Automobile industry Automobile sales Company sales and earnings Franchises Rankings Statistics Vehicles |
title | Throughput improves at U.S. stores last year; Toyota holds top spot; dealership count dips |
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