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1、2022ANNUAL FINANCIAL PROFILE OF AMERICAS FRANCHISED NEW-CAR DEALERSHIPSNATIONALAUTOMOBILEDEALERSASSOCIATIONOverviewCONTENTSNew Light-Vehicle Dealerships .2Dealership Financial Trends .4New Light-Vehicle Department .7Used-Vehicle Department .10Service and Parts Department .11Body Shop Department .14D

2、ealership Advertising .15Employment and Payroll .17New-and Used-Vehicle Consumer .20The NADA Data financial profile of new-car dealerships is now published twice a yearas a full annual review at year-end and as a midyear update.This 2022 full-year review features the many major milestones achieved b

3、y the retail auto industry during the first half of 2022,including such highlights as:The nations 16,773 franchised light-vehicle dealers sold 13.7 million light-duty vehicles.Total light-vehicle dealership sales topped$1.2 trillion.Dealerships wrote more than 265 million repair orders,with service

4、and parts sales totalingmore than$137 billion.The 13.7 million new light-vehicles sold represented a decline of 8%compared with 2021 and the lowest full-year sales total since 2012.Despite the low volume,the average franchised dealership had a strong year.Sales for the average dealership totaled$71.

5、8 million,an increase of 1.2%compared with 2021.New light-vehicle inventory was the big story for the industry in 2022.At the beginning of the year,new light-vehicle inventorywhich was near a historic low of 1.1 million unitsremained constrained through much of 2022.But the OEMs were able to increas

6、e production in the second half of the year and end 2022 with 1.7 million new light vehicles on the ground and in transit.The microchip shortage will still impact vehicle production in 2023,but not nearly as much as in 2021 and 2022.We expect inventory to continue building slowly throughout 2023 and