New-Car Dealerships Employ More Than One Million People, Report Says | Edmunds

New-Car Dealerships Employ More Than One Million People, Report Says


Just the Facts:
  • Employment at new-car dealerships in the U.S. topped 1 million people last year, due to a rebounding economy and rising auto sales, said a new report by the National Automobile Dealers Association on Thursday.
  • The employment number increased 3.4 percent from 2012.
  • New-car dealerships employed an average of 57 people and had an average payroll of $3 million in 2013, up 3 percent.

McLEAN, Virginia Employment at new-car dealerships in the U.S. topped 1 million people last year, due to a rebounding economy and rising auto sales, said a new report by the National Automobile Dealers Association on Thursday.

The employment number increased 3.4 percent from 2012.

New-car dealerships employed an average of 57 people and had an average payroll of $3 million in 2013, up 3 percent.

"The economic recovery is continuing and we expect a stronger housing market, improving job prospects and continued low interest rates for auto loans to boost sales this year," said NADA Chief Economist Steven Szakaly in a statement.

Warranty work performed by new-car dealers totaled $14.4 billion in service and parts last year — all at no cost to the customer.

Edmunds says: Times are good at new-car dealerships, which is good news for car shoppers.

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