The Car Retailing industry experienced a tumultuous past five years. Demand for motor vehicles slid into a ditch as consumer confidence wavered in the aftermath of the global economic downturn. Australians put off spending on big-ticket purchases such as cars. Motor vehicle sales have since recovered on the back of pent-up demand and strong consumer confidence. High fuel costs also hurt motor vehicle sales. Industry revenue is expected to increase at a slow 0.7% annualised over the five years through 2012-13 to reach $72 billion. Revenue is expected to grow 4.6% in 2012-13.
The Car Retailing industry consists of dealerships that sell new and used cars, utes and SUVs to companies, the government and the public.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.