GM No. 1 in growth of minority dealerships

Common Motors, which previously had the most minority-owned dealerships in the U.S., elevated its depend by extra than any other automaker in 2019, in accordance to data from the National Association of Minority Car Sellers.

GM completed the calendar year with 287 minority-owned dealerships, a get of nine, whilst Fiat Chrysler Vehicles was No. two, with 181, a get of 4. Toyota added seven to leap previous Hyundai into the No. 4 place, with 81.

All round, minority dealership numbers continued an upward trajectory soon after having a dive throughout the Excellent Economic downturn. There had been 1,243 at the end of 2019, 29 extra than a calendar year before but 31 p.c considerably less than the peak of 1,805 in 2005.

Ford Motor Co. had 3 less minority dealerships than a calendar year before, remaining in third, with 165 stores. Hyundai had a web loss of seven minority-owned stores past calendar year, dropping to fifth spot, with 76. 

“GM carries on to press forth our decades-prolonged determination to build a vendor network that displays the remarkable variety of our customer foundation,” the automaker claimed in a statement. “We are very pleased to say that we have extra minority dealers than any other OEM in the U.S., accounting for virtually 1 of each 4 minority dealers in this state. It is evident that our work has resulted in incredible strides, and we have no intention to consider our foot off the pedal.”