By Abram Olmstead, NADA, Digital Director
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.
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.
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 previous year.
- 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 percent.
Check out the following infographic for key highlights, and download the full report here: www.nada.org/atddata