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Automobile Wholesaling in Canada: Market Research Report

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

Automobile Wholesaling in Canada Market Research Report | NAICS 41511CA | Nov 2016

Start your engines: Rising disposable incomes are expected to lift demand for new vehicles

The Automobile Wholesaling market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$82bn
Annual Growth 11-16
7.4%
Annual Growth 16-21
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Profit
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Employment
22,509
Businesses
1,233
Industry Analysis & Industry Trends

Over the five years to 2016, revenue for the Automobile Wholesaling industry is expected to trend higher, bolstered by a resurgence in demand for new vehicles. Industry revenue tends to ebb and flow with general fluctuations in the overall economic climate, particularly at the consumer level. Moreover, industry operators heavily rely on economic conditions in the United States, as a large portion of revenue is derived from Canada's southern neighbour. Revenue for the is expected to continue rising over the five years to 2021. However, there are threats that can potentially derail the industry's upward trajectory. Interest rates are anticipated to increase, lifting borrowing costs and thus deterring demand for big-ticket purchases, such as new automobiles... purchase to read more

Industry Report - Industry Analysis Chapter

Over the five years to 2016, revenue for the Automobile Wholesaling industry is expected to trend higher, bolstered by improving economic conditions, both domestically and within the United States. Industry operators are primarily engaged in automobile, light-duty truck and sport-utility wholesaling. Consequently, industry revenue tends to be cyclical in nature, ebbing and flowing with general fluctuations in the economy, particularly at the consumer level. To this end, as the industry continues to benefit from improving domestic conditions, such as rising disposable income, industry revenue is expected to follow suit. IBISWorld expects industry revenue to increase at an annualized rate of 7.4% to $82.5 billion over the five years to 2016, lifted by an estimated 13.4% in 2016 alone.

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Industry ProductsRelated ReportsTable of Contents

What is the Automobile Wholesaling Industry?

This industry wholesales a wide range of new and used vehicles, including automobiles and light trucks. Automobile wholesalers do not sell motor vehicle parts or tires.

Industry Products
New cars New light trucks and SUVs Used automobiles
 
Industry Activities
Automobile wholesalingLight-duty truck wholesalingSport-utility vehicles wholesalingMini-van wholesaling


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