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Used Car Dealers in the US
IBISWorld, July 2009, Pages: 32
This industry comprises establishments primarily engaged in retailing used automobiles and light trucks, such as sport utility vehicles, and passenger and cargo vans. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Introduction
Industry needing a better deal
Used car salesmen have a heavy load as this mature industry is characterized as being labor intensive, highly fragmented and relatively volatile. The internet has been driving sales for those technically savvy, but as fortunes of this industry are linked to US business cycles, with no new products, the barriers are tightening even as regulations are loose. Being renowned for its fierce competition, this is one industry that just wont let you walk away!
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