Motor vehicle and parts dealers
Industry profile, February 2020
Sections: Description | Pricing | Costs | Appendix
This page is an industry profile for the Motor vehicle and parts dealers industry. It provides a general economic overview of recent developments in the industry. This includes information on industry pricing, costs, and demand. Below you will find a description of what type of business establishments are included in this industry. For information on how to best utilize this industry profile please visit our Business Solutions.
Industry Description
Industries in the Motor Vehicle and Parts Dealers subsector retail motor vehicles and parts from fixed point-of-sale locations. Establishments in this subsector typically operate from a showroom and/or an open lot where the vehicles are on display. The display of vehicles and the related parts require little by way of display equipment. The personnel generally include both the sales and sales support staff familiar with the requirements for registering and financing a vehicle as well as a staff of parts experts and mechanics trained to provide repair and maintenance services for the vehicles. Specific industries included in this subsector identify the type of vehicle being retailed.
This industry description was sourced from the North American Industry Classification System.
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- As of January 2020, prices in this industry had increased 0.4 percent since the previous quarter.
- From January 2019 to January 2020 prices in this industry increased 4.5 percent.
- Prices increased 8.9 percent in the five year period starting in January 2015 and ending in January 2020.
To download this data, or to learn more about how costs for this industry are measured, please contact us.
- As of January 2020, costs in this industry had increased 0 percent since the previous quarter.
- From January 2019 to January 2020 costs in this industry increased 1.4 percent.
- Costs increased 8.7 percent in the five year period starting in January 2015 and ending in January 2020.
For details on which industries are included in each sector, click here
- The largest cost for this industry is purchases made to the Labor sector. This sector accounts for 54.2% of the industry's overall costs.
- From January 2019 to January 2020, the largest change in costs for this industry were costs associated with purchases to the Labor sector. Costs associated with this sector increased 2.4%.
| Sector Name | Percentage of Costs | Annual Percent Change 4 |
|---|---|---|
| Labor | 54.2% | +2.4% |
| Professional, Scientific, and Technical Services | 9.9% | -1% |
| Real Estate and Rental and Leasing | 8.1% | +1.5% |
| Manufacturing | 7.7% | -0.4% |
| Transportation and Warehousing | 5.4% | +0.8% |
- Pricing measured from January 2020.
- The BLS PPI used for this industry is PCU441---441---.
- Costs measured from January 2020
