All the U.S. car dealers analyzed have increased their prices by well over 100 percent each quarter between the third quarter of 2021 and the fourth quarter of 2022. This rapid new car price markup was spearheaded by AutoNation, which recorded price increases by around 134.7 percent in Q4 2022.
Quarterly price markups for publicly traded automotive dealerships in the United States between Q1 2019 and Q4 2022
(in percent)
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Bureau of Labor Statistics. (April 30, 2023). Quarterly price markups for publicly traded automotive dealerships in the United States between Q1 2019 and Q4 2022 (in percent) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1440638/quarterly-price-markups-for-publicly-traded-us-auto-dealerships/
Bureau of Labor Statistics. "Quarterly price markups for publicly traded automotive dealerships in the United States between Q1 2019 and Q4 2022 (in percent)." Chart. April 30, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1440638/quarterly-price-markups-for-publicly-traded-us-auto-dealerships/
Bureau of Labor Statistics. (2023). Quarterly price markups for publicly traded automotive dealerships in the United States between Q1 2019 and Q4 2022 (in percent). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1440638/quarterly-price-markups-for-publicly-traded-us-auto-dealerships/
Bureau of Labor Statistics. "Quarterly Price Markups for Publicly Traded Automotive Dealerships in The United States between Q1 2019 and Q4 2022 (in Percent)." Statista, Statista Inc., 30 Apr 2023, https://www.statista.com/statistics/1440638/quarterly-price-markups-for-publicly-traded-us-auto-dealerships/
Bureau of Labor Statistics, Quarterly price markups for publicly traded automotive dealerships in the United States between Q1 2019 and Q4 2022 (in percent) Statista, https://www.statista.com/statistics/1440638/quarterly-price-markups-for-publicly-traded-us-auto-dealerships/ (last visited November 21, 2024)
Quarterly price markups for publicly traded automotive dealerships in the United States between Q1 2019 and Q4 2022 (in percent) [Graph], Bureau of Labor Statistics, April 30, 2023. [Online]. Available: https://www.statista.com/statistics/1440638/quarterly-price-markups-for-publicly-traded-us-auto-dealerships/