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Online Car Dealers - Industry Market Research Report

  • September 2016
  • 31 pages
  • Ibisworld
Report ID: 1557886

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Green light: The industry is poised for solid growth as consumer spending continues to rise



Abstract

Online Car Dealers

The Online Car Dealers industry experienced its share of wear and tear during the recession, which led to a downturn in per capita disposable income and corporate profit and, thus, drops in consumer and business spending on cars. Improving economic conditions post recession and government incentive programs, however, resulted in overall positive growth.

This industry retails automobiles online to consumers and businesses and provides services to aid in the purchase of automobiles. Autos include passenger cars, trucks and sports utility vehicles (SUVs). Some players offer their customers trade-in, car financing and car selling services. This industry does not include classified websites that feature reviews, guides, photos and advertisements of new and used vehicles for sale.

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.



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