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Motor Vehicle Dealers in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Motor Vehicle Dealers Market Research Report | ANZSIC G3911 | Mar 2016

A good deal: Lower prices have led to increased demand, boosting industry revenue

IBISWorld’s Motor Vehicle Dealers market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$64bn
Annual Growth 11-16
1.5%
Annual Growth 16-21
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Profit
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Employment
68,457
Businesses
4,609
Industry Analysis & Industry Trends

The Motor Vehicle Dealers industry has had a largely steady ride over the past five years. High fuel prices early in the period encouraged consumers to purchase smaller, cheaper and more fuel-efficient cars. Dealerships have therefore been selling higher volumes of cheaper small cars at the expense of more pricey large cars, resulting in per-unit revenue declining. Additionally, the combination of strong price competition, improved production efficiency overseas, a reduction in tariffs on Korean and Japanese vehicle imports, and a high Australian dollar for the majority of past five years has forced overall prices down. Lower vehicle prices have benefited the industry by supporting demand growth, with industry revenue forecast to rise at an annualised 1.5%... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Motor Vehicle Dealers industry is in the mature phase of its life cycle. Industry value added (IVA), which measures an industry's contribution to the overall economy, is forecast to rise at an annualised 0.5% over the 10 years through 2020-21. This represents an underperformance of overall GDP, which is projected to increase at an annualised 2.6% over the same period. Although the industry's contribution to the overall economy is shrinking, motor vehicle dealers are well established in Australia and are anticipated to continue their slow growth over the next five years.

While new car sales have undergone strong growth over the past five years, consumer preference is shifting towards cheaper, more fuel-efficient cars... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Motor Vehicle Dealers Industry?

The Motor Vehicle Dealers industry includes dealerships primarily engaged in selling new or used motor vehicles to consumers, companies and government entities.

Industry Products
Light passenger carsSmall passenger carsMedium passenger carsLarge passenger carsOther vehiclesCompact SUVsSports utility vehiclesUtility vehicles
 
Industry Activities
New motor vehicle retailingUsed motor vehicle retailing


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