Employment in Ontario’s new-automobile dealer industry rose by 30 per cent between 2001 and 2016, outpacing increases in the province’s overall retail sector and auto manufacturing, according to a study by PricewaterhouseCoopers.
New-car dealers directly employed 53,000 people at the end of 2016, the most recent year PwC examined in the study commissioned by the Trillium Automobile Dealers Association. Dealers also generated an additional 24,554 indirect jobs, PcW found.
Meanwhile, total employment in auto manufacturing declined by 24 per cent to about 108,000 between 2001 and 2016.
“When people think of the auto industry, they mainly think of manufacturing jobs,” Larry Lantz, president of TADA, said in a statement. “But the auto retail sector should not be overlooked. We provide well-paying jobs across Ontario in diverse fields such as skilled trades, sales, finance and marketing to name a few.”
Ontario’s automobile dealer industry generates more than $37 billion in retail sales and produces $12.15 billion in GDP each year for the province. The study found that employment at new car dealerships provides an average of $1,012 in weekly earnings – 84 per cent higher compared to earnings in overall retail trade.
One in 20 of retail jobs in Ontario is at a TADA member dealership.
Aside from new vehicles, the 960 TADA dealerships sold 780,000 used cars in 2015 (the latest available figure).