Households drive market demand, with household spending representing 57.7% of total demand in 2022. Exxon Mobil Corp is the largest company in the US, generating 11.4% of the industry’s total turnover value in 2022. The industry is fragmented, with the top five companies generating 18.7% of total production value in 2022. The total number of companies increases in 2022, to 339,035 units. The costs of the industry increase by 7.8% in 2022, largely driven by rising labour costs. The industry’s profitability decreases and stands at 37.2% of turnover in 2022, the second highest across the top 20 developed countries. With turnover of USD1.1 trillion, the US accounts for 92.8% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Sale, Maintenance and Repair of Motor Vehicles, Retail Sale of Automotive Fuel in the US: ISIC 50. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sale, Maintenance and Repair of Motor Vehicles, Retail Sale of Automotive Fuel in the US: ISIC 50 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of retail, sale, maintenance and repair of motor vehicles, retail sale of automotive fuel, and wholesale trade.
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