Number of car dealerships rise in 2011
POSTED: Thursday, August 16, 2012 - 9:30pm
UPDATED: Thursday, August 16, 2012 - 9:34pm
NBC NATIONAL NEWS — Good news for people looking to buy a new car - you now have more car dealerships to choose from.
The number of U.S. car dealerships is rising again after a big decline during the recession.
According to the consulting firm Urban Science, there were 17,000 dealerships at the end of 2011, which is a little over a hundred more than we had in 2010.
The rise is fairly significant; in a typical year, the number of car dealerships usually drops by two percent due to retirements and downsizing.