Sad! Black Car Dealerships Struggle To Stay Alive

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Black Car DealershipsWhile America’s economic turmoil has impacted the entire nation, Black businesses seem to be some of the most severely affected. Today, in the U.S., there are half as many Black-owned car dealerships than there were three years ago.

Automotive News details the industrywide decline.

Black dealers have taken a disproportionate hit — “drastic” in the words of one minority dealer spokeswoman — in the past three years. There are 261 black-owned dealerships in the United States today, half as many as three years ago. That’s a much sharper drop than the 18 percent decline in dealerships overall.

Read more more at Automotive News.

RELATED:

US Auto Sales Jump 20 Percent In February

Detroit Area has Strong Legacy With African American Dealers

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