Recent study finds that auto dealers create jobs and contribute significantly to the economy.
A study commissioned by the Trillium Automobile Dealers Association (TADA) finds new car dealers are creating jobs and increasing tax revenue for governments.
The roughly 1,000 franchised, new car dealers across Ontario generated and supported 85,300 jobs in 2018, which is a 10% increase over 2016.
“When most people think of the auto sector, the retail side is too often an after thought,” said Cliff Lafreniere, TADA President and Dealer Principal of Pinewood Park Ford in Kirkland Lake said. “This study suggests what auto dealers like me have known our entire lives – when new car dealers are able to succeed, the communities they operate in and the entire province succeeds.”
He added, ”Even with this remarkable job growth, we’re still not firing on all cylinders. We are suffering a shortage of skilled trades workers. Every dealer I talk to across Ontario has difficulty in finding the next generation of auto technicians. Our message to everyone is: consider looking for a career at a new car dealership because we’re hiring.”
The full report can be found here.