In 2020, the automobile wholesale industry experienced a decrease in revenue of nearly 21.4%. This decrease resulted primarily from downstream markets. Automobile dealerships, the industry’s main downstream market, were forced to temporarily close their doors at the...
The automobile wholesale industry supplies cars to car dealerships. The dealership then sells the cars to consumers. These cars can be new or used automobiles, trucks, motorhomes, trailers, and motorcycles. The automobile industry, like many others, has experienced...