U.S. dealership employment continues to rise

U.S. new-car dealership employment and payroll continued to increase through the first half of 2017, according to a report from the National Automobile Dealers Association.

A total of 1,134,200 people were directly employed by new-car dealerships through the second quarter of the year — up from a record 1,131,900 in 2016, based on the data provided by NADA.

“We expect to see employment at new-car dealerships reach an all-time high at the end of 2017,” said Patrick Manzi, NADA’s senior economist. “In addition to the direct employment provided by dealerships, more than another million other jobs in local communities are dependent on dealerships.”

Payroll increased to nearly $33 billion in June 2017 year-to-date — up more than 11 per cent when compared to the same period in 2016. During that time, employees received an average compensation of $69,784.

Income and total compensation for dealership employees have steadily increased over the past few years, according to Manzi, adding that “Dealership jobs offer significantly higher compensation than other retail sectors.”

Comments are closed.

Canadian auto dealer