New vehicle sales reached 15.5 million units. Dealerships generated 772 billion dollars in revenue from those transactions. Buyer research now occurs online before 81 percent of in-person visits.
Key Takeaways
- 55% of U.S. new car buyers were millennials or Gen Z in 2023.
- 35% adoption rate of omnichannel retailing tools in dealerships in 2023.
- U.S. auto dealerships employed 1.2 million people in 2023.
- EV sales projected to reach 10% of total U.S. market by 2025.
- In 2023, U.S. franchised new-car dealerships sold 11.3 million new vehicles, generating $772 billion in revenue.
- U.S. new light-vehicle sales totaled 15.5 million units in 2023.
Automotive sales trends stay resilient as consumer demand and inventory levels continue to drive dealership performance.
Related reading
01 · Category
Consumer Trends27 stats
01
55% of U.S. new car buyers were millennials or Gen Z in 2023.
02
81% of car buyers researched online before visiting a dealership in 2023.
03
Average time to buy a new car was 14 hours and 38 minutes in 2023.
04
62% of buyers preferred SUVs or trucks over sedans in 2023 surveys.
05
Female buyers accounted for 52% of new vehicle purchases in 2023.
06
44% of shoppers used mobile apps for vehicle research in 2023.
07
Loyalty rate to previous brand was 52% for new car buyers in 2023.
08
67% of buyers considered fuel efficiency as top factor in 2023.
09
Average down payment on new vehicles was 10% of MSRP in 2023.
10
28% of buyers traded in their old vehicle online in 2023.
11
Gen Z buyers increased 15% YoY, representing 18% of sales in 2023.
12
73% of buyers read online reviews before purchasing in 2023.
13
Hispanic buyers grew to 20% of new vehicle market in 2023.
14
59% preferred leasing over buying in 2023 for new vehicles.
15
Safety features influenced 68% of purchase decisions in 2023.
16
41% of buyers negotiated price digitally in 2023.
17
Repeat customers made up 45% of dealership sales in 2023.
18
76% of EV intenders cited range anxiety in 2023 surveys.
19
Average buyer age for new cars was 53 years in 2023.
20
64% of buyers prioritized tech features like infotainment in 2023.
21
Cash purchases dropped to 9% of new vehicle sales in 2023.
22
70% of luxury buyers valued brand prestige in 2023.
23
52% of used car buyers were first-time owners in 2023.
24
Home delivery requested by 35% of buyers post-pandemic in 2023.
25
61% considered total ownership cost in decisions in 2023.
26
Women influenced 80% of household vehicle purchases in 2023.
27
48% of buyers test-drove fewer than 3 vehicles in 2023.
Interpretation
Consumer Trends Interpretation
The dealership floor may still smell like old coffee and ambition, but its future is now being decided by digitally-native, SUV-preferring women who have already done their homework on their phones, leaving salespeople to navigate a world where the test drive is almost a formality and the real negotiation happens in a browser tab.
02 · Category
Digital & Technology29 stats
01
35% adoption rate of omnichannel retailing tools in dealerships in 2023.
02
92% of dealerships had websites, with 70% mobile-optimized in 2023.
03
Digital retailing completed 25% of deals start-to-finish in 2023.
04
CRM software used by 85% of U.S. dealerships in 2023.
05
Average dealership invested $450,000in digital tech in 2023.
06
Desking software adoption reached 75% in F&I departments in 2023.
07
40% of service appointments booked online in 2023.
08
AI chatbots handled 30% of initial inquiries in 2023.
09
Inventory management systems covered 95% of dealership operations in 2023.
10
Virtual test drives offered by 55% of dealerships in 2023.
11
Blockchain for title processing piloted in 10% of states in 2023.
12
360-degree vehicle imaging used on 80% of online listings in 2023.
13
Data analytics ROI averaged 5:1 for dealerships in 2023.
14
75% of buyers expected seamless digital-to-physical handoff in 2023.
15
Cybersecurity incidents affected 12% of dealerships in 2023.
16
Electric vehicle diagnostic tools adopted by 60% of service bays in 2023.
17
Social media drove 28% of showroom traffic in 2023.
18
Robotic process automation in accounting used by 45% in 2023.
19
AR/VR for customization viewed by 20% of online shoppers in 2023.
20
Cloud-based DMS penetration was 88% in 2023.
21
Personalized email marketing open rates averaged 35% in 2023.
22
50% of F&I menus presented digitally in 2023.
23
Predictive analytics for inventory used by 65% of large dealers in 2023.
24
Voice commerce trials in 15% of dealership apps in 2023.
25
82% customer satisfaction with digital service scheduling in 2023.
26
Metaverse showrooms tested by 5 top dealer groups in 2023.
27
NFC keyless delivery implemented in 25% of urban dealerships in 2023.
28
Big data integration boosted sales 18% for adopters in 2023.
29
Mobile payment acceptance at 70% of service counters in 2023.
Interpretation
Digital & Technology Interpretation
The car dealership industry is currently a fascinating digital chimera: a heavily invested, well-connected brain that's still occasionally startled by its own high-tech limbs, trying to appease a customer who already lives in the future it's racing to build.
03 · Category
Employment & Workforce30 stats
01
U.S. auto dealerships employed 1.2 million people in 2023.
02
Average dealership workforce size was 325 employees in 2023.
03
Sales department turnover rate was 42% in dealerships in 2023.
04
Service technicians numbered 260,000 across U.S. dealerships in 2023.
05
Average salesperson earned $139,000total compensation in 2023.
06
65% of dealerships reported staffing shortages in 2023 surveys.
07
Parts department employees averaged 35 per dealership in 2023.
08
Female employees made up 22% of dealership workforce in 2023.
09
Average service advisor pay was $125,000in 2023.
10
Dealerships hired 150,000 new employees in 2023.
11
Fixed operations employed 55% of total dealership staff in 2023.
12
Technician productivity averaged 140 hours per employee per month in 2023.
13
30% of dealership managers were under 40 years old in 2023.
14
Average benefits cost per employee was $18,500in 2023.
15
Sales staff averaged 45 employees per dealership in 2023.
16
EV-trained technicians reached 50,000 in U.S. dealerships by 2023.
17
Overtime hours for technicians averaged 10% of total in 2023.
18
Dealership HR spending increased 12% to $2.5 million per store in 2023.
19
78% of dealerships offered remote work options in 2023.
20
Average tenure for general managers was 8.2 years in 2023.
21
Minority employees comprised 42% of workforce in 2023.
22
Training hours per employee averaged 32 annually in 2023.
23
Parts counter staff turnover was 28% in 2023.
24
Administrative staff numbered 60 per average dealership in 2023.
25
55% of technicians were certified ASE in 2023.
26
F&I managers averaged $250,000compensation in 2023.
27
Dealerships with 100+ employees grew 5% in number in 2023.
28
Labor cost as % of service revenue was 48% in 2023.
29
62% of dealerships used AI for recruitment in 2023.
30
Average age of service technicians was 46 years in 2023.
Interpretation
Employment & Workforce Interpretation
The American car dealership is a land of golden handcuffs, where a few well-paid lifers steer the ship through a sea of churning salespeople while an aging, overworked technician army—constantly being recruited by AI—tries to keep the lights on and the profits in the service bays.
More related reading
04 · Category
Industry Trends & Projections28 stats
01
EV sales projected to reach 10% of total U.S. market by 2025.
02
Autonomous vehicle tech adoption in fleets to grow 300% by 2030.
03
Dealership consolidations expected to reduce store count 15% by 2028.
04
Used EV market to expand to 2 million annual sales by 2027.
05
Service revenue projected to rise 25% by 2027 due to aging fleet.
06
Direct-to-consumer sales models to capture 20% market by 2030.
07
Hydrogen fuel cell vehicles to hit 500,000 global sales by 2030.
08
Average new vehicle price forecasted at $52,000by 2027.
09
40% of sales to be fully digital by 2028 per industry analysts.
10
Dealership M&A volume up 20% annually through 2025.
11
Software-defined vehicles to dominate 60% of market by 2030.
12
Mobility-as-a-Service subscriptions to grow to 15% of urban transport by 2030.
13
Inventory levels to normalize at 60 days supply by mid-2025.
14
Chinese OEMs to hold 10% U.S. market share by 2030.
15
Aftersales digital penetration to reach 50% by 2027.
16
Ride-sharing impact to reduce personal ownership 10% by 2030.
17
Battery recycling infrastructure to support 80% circular economy by 2035.
18
Premium segment growth at 4% CAGR to 2028.
19
Supply chain resilience investments to double by 2026.
20
Subscription models for features to generate $50B revenue by 2030.
21
Urban dealership square footage to shrink 30% by 2030.
22
Gen Alpha to drive 25% of sales by 2035.
23
Carbon-neutral dealership operations at 50% by 2030 goal.
24
V2G tech rollout to 20% of EVs by 2028.
25
Personalized manufacturing to cut lead times 40% by 2027.
26
Dealer profit margins to stabilize at 2.5% post-2025.
27
Over-the-air updates to become standard in 90% new vehicles by 2027.
28
Micro-mobility integration in 30% of dealer services by 2030.
Interpretation
Industry Trends & Projections Interpretation
The car dealership of the future won't just sell you a car—it's a high-tech, streamlined hub where your subscription-based software rides around on recycled batteries, occasionally earning you money by selling power back to the grid, all while fewer but savvier dealers compete for your attention online and in smaller showrooms.
05 · Category
Market Size & Revenue30 stats
01
In 2023, U.S. franchised new-car dealerships sold 11.3 million new vehicles, generating $772 billion in revenue.
02
The total economic contribution of the U.S. auto retail industry in 2023 reached $1.2 trillion, supporting 9.2 million jobs.
03
Average annual revenue per U.S. new-car dealership in 2023 was $85.2 million.
04
U.S. auto dealerships paid $100 billion in wages and benefits in 2023.
05
New-car dealership gross profit margins averaged 5.8% in 2023 across all departments.
06
The global automotive dealership market size was valued at $1.1 trillion in 2022.
07
U.S. used-car dealership revenue hit $250 billion in 2023.
08
Franchised dealerships accounted for 92% of U.S. new vehicle sales revenue in 2023.
09
Average dealership service and parts revenue grew 8% to $18.4 million per store in 2023.
10
U.S. auto retail industry's GDP contribution was $505 billion in 2023.
11
Independent used-car dealers generated $150 billion in sales in 2022.
12
Luxury car dealerships saw average revenues of $120 million per store in 2023.
13
Total U.S. dealership F&I revenue reached $19.3 billion in 2023.
14
EV dealership segment revenue grew 45% year-over-year to $50 billion in 2023.
15
Collision repair revenue for dealerships averaged $4.2 million per store in 2023.
16
U.S. new vehicle sales revenue per dealership averaged $62 million in 2023.
17
Used vehicle department revenue per dealership was $28.5 million in 2023.
18
Dealership taxes paid totaled $45 billion in the U.S. in 2023.
19
Average gross profit per new vehicle retailed was $2,150in 2023.
20
U.S. dealership capital expenditures reached $10 billion in 2023.
21
Parts department gross margins averaged 48% in U.S. dealerships in 2023.
22
Service labor gross margins were 52% on average for dealerships in 2023.
23
Total U.S. auto retail vendor payments were $400 billion in 2023.
24
Dealership net profitability averaged 2.1% of gross revenue in 2023.
25
Average revenue per employee in U.S. dealerships was $412,000in 2023.
26
F&I gross profit per vehicle averaged $2,100in 2023.
27
U.S. used car retail market size was $1.19 trillion in transaction value in 2023.
28
Dealership advertising expenses averaged $1.8 million per store in 2023.
29
Total U.S. dealership real estate value exceeded $300 billion in 2023.
30
OEM incentives to dealerships totaled $28 billion in 2023.
Interpretation
Market Size & Revenue Interpretation
If you think cars are expensive, consider that the entire U.S. dealership ecosystem is a perpetually humming, trillion-dollar economic engine held together by a shockingly thin layer of profit margin and a mountain of floor mats.
06 · Category
Sales & Volume27 stats
01
U.S. new light-vehicle sales totaled 15.5 million units in 2023.
02
Used vehicle sales in the U.S. reached 36.3 million units in 2023.
03
Average dealership sold 298 new vehicles per store in 2023.
04
Pickup trucks accounted for 21% of U.S. new vehicle sales in 2023.
05
SUVs and crossovers made up 54% of new car sales in 2023.
06
Electric vehicle sales grew to 1.2 million units in the U.S. in 2023, up 50% YoY.
07
Average days to turn new vehicle inventory was 58 days in Q4 2023.
08
Used car inventory averaged 2.3 million units at retail in 2023.
09
Franchised dealers sold 78% of all used vehicles in 2023.
10
Online vehicle sales represented 15% of total U.S. auto sales in 2023.
11
Average selling price of new vehicles reached $48,759in 2023.
12
Certified pre-owned sales hit 2.3 million units in 2023.
13
Dealerships retailed 9.1 million used vehicles from franchised lots in 2023.
14
Luxury vehicle sales volume was 2.8 million units in 2023.
15
Average monthly new vehicle sales rate was 1.3 million in Q4 2023.
16
Used vehicle average selling price was $27,300in December 2023.
17
Import brand new vehicle sales share was 49% in 2023.
18
Domestic brand new vehicle sales share was 51% in 2023.
19
Total U.S. light truck sales reached 11.1 million units in 2023.
20
Passenger car sales declined to 4.4 million units in 2023.
21
Average inventory per dealership was 1,012 new vehicles in 2023.
22
65% of used cars sold in 2023 had fewer than 50,000 miles.
23
Hybrid vehicle sales surged to 1.1 million units in 2023.
24
Tesla Model Y was the top-selling vehicle with 385,000 units in 2023.
25
Ford F-Series sold 750,000 units, leading trucks in 2023.
26
Retail used supply increased 12% YoY to 2.45 million units in Q4 2023.
27
72% of consumers financed their vehicle purchase in 2023.
Interpretation
Sales & Volume Interpretation
Americans are buying trucks and SUVs for nearly $50,000 apiece, but we’re clearly hedging our bets by also snatching up over twice as many used cars, just in case the electric future needs a slightly more affordable test drive.
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Felix Zimmermann. (2026, February 13). Car Dealership Industry Statistics. Gitnux. https://gitnux.org/car-dealership-industry-statistics
MLA
Felix Zimmermann. "Car Dealership Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/car-dealership-industry-statistics.
Chicago
Felix Zimmermann. 2026. "Car Dealership Industry Statistics." Gitnux. https://gitnux.org/car-dealership-industry-statistics.
Sources & references
12 datasets cited across this report · attribution is report-level