Franchise Dealers Show Stability

By Staff Writer August 09, 2018

Urban Science released statistics and insights from its 2018 mid-year Automotive Franchise Activity Report (FAR), indicating continued stability in the number of automotive dealerships in the United States.

 As of July 1, there were 18,252 dealerships (rooftops), a 0.2 percent increase from the January 1, total of 18,213. The number of franchises, or brands a dealership sells, also experienced a period of stability, slightly decreasing from 32,029 on January 1, 2017 to 32,024 as of July 1, 2018.

 Since 2010, the dealership network has set a new normal pattern of stability. The Urban Science data shows that 98 percent of local markets had virtually no net change in dealership ownership.

Last modified on Thursday, 09 August 2018 17:56

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