In a survey of representatives of the automotive rental and leasing industry in the United States, it was found that in 2023 the sector spent over 399 million U.S. dollars on advertising. Based on data from the previous year's reporting the ad expenditures for the industry amounted to 363.5 million dollars.
Advertising spending in the automotive rental and leasing industry in the United States from 2022 to 2023
(in million U.S. dollars)
The source calculated the figures based on data from government filings and published financial records. Single industry values are based on data from participating companies. Each year the number of participating companies varies. The historical data values for all companies within each specific industry are pooled in a cross-sectional time series analysis and a non-linear multivariate model is derived for the entire industry. In calculating advertising-to-sales ratios, sales is defined as "top-line" of the company's income statement. In industry data, the ad-to-sales ratio is a weighted average ratio for the industry, based on the sales of each company. A "0" value means that the expenditures reported amounted to less than 1,000 U.S. dollars per year. Missing values were not provided by the source due to lack of reporting from participating companies in the given industry. Figures have been rounded.
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Schonfeld & Associates. (June 30, 2024). Advertising spending in the automotive rental and leasing industry in the United States from 2022 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/470683/automotive-rental-and-leasing-industry-ad-spend-usa/
Schonfeld & Associates. "Advertising spending in the automotive rental and leasing industry in the United States from 2022 to 2023 (in million U.S. dollars)." Chart. June 30, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/470683/automotive-rental-and-leasing-industry-ad-spend-usa/
Schonfeld & Associates. (2024). Advertising spending in the automotive rental and leasing industry in the United States from 2022 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/470683/automotive-rental-and-leasing-industry-ad-spend-usa/
Schonfeld & Associates. "Advertising Spending in The Automotive Rental and Leasing Industry in The United States from 2022 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 30 Jun 2024, https://www.statista.com/statistics/470683/automotive-rental-and-leasing-industry-ad-spend-usa/
Schonfeld & Associates, Advertising spending in the automotive rental and leasing industry in the United States from 2022 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/470683/automotive-rental-and-leasing-industry-ad-spend-usa/ (last visited December 19, 2024)
Advertising spending in the automotive rental and leasing industry in the United States from 2022 to 2023 (in million U.S. dollars) [Graph], Schonfeld & Associates, June 30, 2024. [Online]. Available: https://www.statista.com/statistics/470683/automotive-rental-and-leasing-industry-ad-spend-usa/
