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- New Report: Employment at U.S. Commercial Truck Dealerships Up 5.6% in 2016
New Report: Employment at U.S. Commercial Truck Dealerships Up 5.6% in 2016
TYSONS, Va. (April
26, 2017) - Employment at U.S. commercial truck dealerships has reached its
highest point in five years, according to a new report from the American Truck
Dealers (ATD), a division of the National Automobile Dealers Association.
The nation's 2,261 franchised heavy- and medium-duty truck dealerships
employed 129,392 workers in 2016, up 5.6 percent from the previous year,
according to ATD Data 2016, the annual financial profile of America's
“Commercial truck dealerships contribute to their
communities with jobs that pay well and offer the opportunity for advancement,”
said ATD/NADA Senior Economist Patrick Manzi. “In the service department,
demand for technical positions remains high, as dealerships help maintain the
commercial vehicles that are a vital part of the U.S. transportation
Total sales at truck dealerships topped $85.4 billion
in 2016, down 8.3 percent. The top-10 states in sales by rank were Texas,
California, Pennsylvania, Florida, Ohio, New York, Illinois, Wisconsin, North
Carolina and Georgia.
In 2016, total sales on average were more than
$37.8 million per dealership, down 8.8 percent from 2015. Net profit before tax
was $854,374 per dealership or 2.3 percent as a percentage of total sales,
which was down from 3 percent in 2015.
Other key highlights from ATD
Data 2016 include:
- An average of 57 workers were employed per
dealership in 2016, up from 55 in 2015.
- U.S. truck dealerships
employed 44,108 technicians in 2016, up 17.4 percent.
- There were
400,358 Class 4 to Class 8 trucks sold in 2016, down 11 percent compared to the
- An average of 145 new trucks were sold per dealership
in 2016, down from 188 in 2015.
- An average 52 used trucks were sold
per dealership in 2016.
- Truck dealerships wrote 10.2 million repair
orders, up 7.1 percent.
- The average selling price of a Class 8 new
truck was $119,574, down 0.6 percent from 2015.
- The average selling
price of a Class 8 used truck was $47,217, down 11.6 percent from 2015.
- Service and parts sales totaled more than $27.9 billion in 2016, up 5.9
There are two versions of ATD Data 2016. One is
a detailed infographic that can be shared by print and broadcast news outlets
as well as on social media. The full report includes the Average Truck
Dealership Profile, financial trends, sales data, employment figures and
ATD Data 2016 was updated with completely re-benchmarked
data and methodologies. As a result, data and figures from previously released
reports will not be comparable to the 2016 report.
To download either
version of ATD Data 2016, visit www.nada.org/atddata.