Page 6 1,175,930 1,266,636 1,122,944 1,233,911 1,278,670 1,369,239 500,000 750,000 1,000,000 1,250,000 1,500,000 2020 2021 2022 2023 2024 2025* New light vehicle registrations Years 2025 Economic Impact Study DEALERSHIP SALES AND MARKET SUMMARY Departmental Sales (dollars) Estimated total sales for franchised new vehicle dealerships in Texas during 2025 exceeded $146 billion. Average dealership sales were $100.9 million, with $57.1 million resulting from new vehicle sales. Total sales by new car dealerships: $146.3 billion Department Estimated Average Per Dealer Estimated Industry Total New vehicle $57,100,000 $82,795,000,000 Used vehicle $27,300,000 $39,585,000,000 Service and parts $14,570,000 $21,126,500,000 Other $1,930,000 $2,798,500,000 Total $100,900,000 $146,305,000,000 New Retail Car and Light Truck Registrations in Texas - 2020 thru 2025 As shown on the graph, combined new retail car and light truck registrations fell below 1.2 million units in 2020 due to the pandemic. The market improved in 2021, and then fell 11.3% in 2022 as supply chain issues impacted vehicle production. Registrations increased over the next three years as vehicle inventories recovered. *Registrations for 2025 are annualized based on data through November. Data sourced from Experian Automotive. New retail registrations in state during 2025*: 1,369,239 45 DEALERS’ CHOICE
RkJQdWJsaXNoZXIy MTg3NDExNQ==