{"id":20088,"date":"2023-11-23T17:19:11","date_gmt":"2023-11-23T16:19:11","guid":{"rendered":"https:\/\/www.quintegia.it\/top50-dealer-automotive-a-decade-that-marks-an-80-increase-in-average-revenue-with-a-projection-of-further-growth-for-2022\/"},"modified":"2024-01-12T17:19:34","modified_gmt":"2024-01-12T16:19:34","slug":"top50-dealer-automotive-a-decade-that-marks-an-80-increase-in-average-revenue-with-a-projection-of-further-growth-for-2022","status":"publish","type":"post","link":"https:\/\/www.quintegia.it\/en\/top50-dealer-automotive-a-decade-that-marks-an-80-increase-in-average-revenue-with-a-projection-of-further-growth-for-2022\/","title":{"rendered":"Top50 Dealer Automotive: a decade that marks an +80% increase in average revenue, with a projection of further growth for 2022"},"content":{"rendered":"\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

340 million euros in average revenue in 2021 by the top 50 automotive dealership groups in Italy, with an overall market share that could exceed 30% in 2022.<\/strong><\/em><\/p>\n

Top50 Dealer<\/strong>, Quintegia’s analysis<\/strong> that has been illustrating the performance of automotive dealerships in Italy for over twenty years, reveals this year that Top50 italian dealer<\/strong>considering the consolidated group revenue in the automotive sector<\/strong> are in good health: the average total revenue in 2021 amounted to 340 million euros,<\/strong>with a forecasted growth for 2022 expected to surpass 360 million euros<\/strong> due to additional acquisitions by some large groups.<\/p>\n

The analysis highlights how, compared to 2011 with an average revenue of 189 million euros, the data has seen an increase of +80% over 10 years, with a significant growth in the average number of employees as well<\/strong>, rising from 216 in 2011 to over 350 in 2021.<\/p>\n

The financial “health” of these large entities has also improved, for example, the average ROS (Return On Sales, thus the profitability of these companies)<\/strong> has seen a strong growth: in 2011, it was 1.18%, in 2021, it reached 2.27%<\/strong>largely due to exceptional market conditions.<\/p>\n

In the Italian market, from 2011 to 2021, the top 50 dealership groups, in relation to the sale of new vehicles<\/strong>, have increased their overall share from 17.6% in 2011 to 29.1% in 2021<\/strong>, with a likely upward trend for 2022, possibly settling around 30,5%.<\/strong>. In terms of units, last year, 424,477 vehicles<\/strong> were sold, and this year, the total volumes of the top 50 dealers are expected to decrease by about 5%<\/strong>, also due to the well-known product shortages, but still surpassing 400,000 units.<\/strong>.<\/p>\n

It is the used car market that has shown the strongest growth, with a +58% increase<\/strong> (on average, 3,432 used cars sold in 2011 and 5,431 last year by each group): this is a strong signal of how Italian dealerships have begun to invest more in this business<\/strong>whose potential is still largely unexplored, especially in light of what is happening in other markets where the ratio between new and used cars is close to or exceeds the 1:1 value.<\/strong>.<\/p>\n

In relation to the average number of sales outlets, a slight decrease has been recorded<\/strong>, linked to the opportunity for some companies to rationalize their presence in the territory.<\/p>\n

Review the analysis conducted by Luca Montagner in the November episode of Automotive Forum LIVE.<\/strong><\/em><\/p>\n