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The New Car Dealers market is a segment of the automotive industry that specializes in the sale of new cars. It is composed of franchised dealerships, independent dealerships, and online car retailers. Franchised dealerships are typically owned by a car manufacturer and offer a wide selection of new cars from that manufacturer. Independent dealerships are not affiliated with any particular car manufacturer and offer a variety of new cars from different manufacturers. Online car retailers are websites that offer new cars from multiple manufacturers and often provide additional services such as financing and delivery.
The New Car Dealers market is an important part of the automotive industry, providing customers with access to a wide selection of new cars. It is also a major source of employment for many people, as dealerships employ salespeople, mechanics, and other staff.
Some companies in the New Car Dealers market include AutoNation, CarMax, Sonic Automotive, Group 1 Automotive, and Penske Automotive Group. Show Less Read more