Posts Tagged ‘used car industry news

14
Jul
11

What Did NIADA’s Used Car Industry Report Find. . .

Th Used Car Industry Report that the National Independent Automobile Dealers Association (NIADA) puts out, showed changes for 2011 compared to past years. Major changes from past years include: independent dealers have taken over market share from franchise dealers in total used vehicles sold and more people are now shopping online for used vehicles versus before where internet shopping didn’t have a noticeable impact.

The number of independent dealers went up from over 36,000 to over 37,000 and that made market share of total used vehicles sold jump about 2% to 35.3%. This increased helped independent dealers take the lead over franchise dealers, that dropped down to 34.7% of total market share.

To read full article in Used Car News, please click here.




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