The Car Wholesaling industry has had a troubled five-year period, with industry revenue expected to decline by an annualised 0.8% over the five years through 2012-13. The global economic downturn had a large detrimental effect on car wholesaling. As consumers became concerned about their finances, they cut back on car purchases. Similarly, businesses slowed down the replacement cycles of their fleets. This caused a large drop in revenue that slowed overall revenue growth.
High fuel prices also pressured industry revenue down. As fuel prices increased, Australians changed their travel habit and reduced their motor vehicle use.
Companies in this industry sell new and used passenger motor vehicles (such as cars, SUVs and utes) to car retailers, as well as to fleet users such as the government.
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.