U.S. automotive dealer count held steady as throughput hits post-pandemic high in 2023

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  • U.S. automotive dealer count held steady as throughput hits post-pandemic high in 2023

DETROIT, Feb. 21, 2024 /PRNewswire/ — Urban Science® today announced highlights from its 2023 year-end Automotive Franchise Activity Report (FAR), which shows continued stability for the U.S. automotive retail dealer network and a 13% rise in new-vehicle sales, primarily driven by non-retail sales. As of December 31, 2023, there were 90 more dealerships (rooftops) in the U.S. compared to year-end 2022 (18,347 in 2023 compared to 18,257 in 2022); the number of franchises –…

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