Urban Science released statistics and insights from its 2018 mid-year Automotive Franchise Activity Report (FAR), indicating continued stability in the number of automotive dealerships in the United States.
As of July 1, 2018, there were 18,252 dealerships (rooftops), a 0.2 percent increase from the January 1, 2018, total of 18,213. The number of franchises, or brands a dealership sells, also experienced a period of stability, slightly decreasing from 32,029 on January 1, 2017 to 32,024 as of July 1, 2018.
“Since 2010, the dealership network has set a new normal pattern of stability,” said Mitch Phillips, Urban Science’s Global Director