2015 Economic Impact of Franchised New Car Dealers

Average Dealership Profile 2014

Facts on Greater New York Metro Area Automotive Retailing

2014

2012

% Change

Total sales

Over $80,000,000

Over $69,410,000

15.3%

New and used vehicle sales

>2,200 units

>1,900 units

15.8%

Dealership payroll

$6,090,000

$5,125,000

18.8%

Sales tax collected

$4,350,000

$4,050,000

7.5%

Vehicles serviced

over 22,000

over 20,500

7.3%

Average dealership employees

90 people

83 people

8.4%

Advertising expenses

$1,075,000

$995,000

8.0%

(including contributions to manufacturer ad programs)

37,200 Employees hired by New York Metro dealerships

Franchised New Car Dealers

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