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Car Dealer Ellenae Fairhurst (Photo Credit: TLMDA) |
While It’s been widely reported that
women influence over 85 percent of today’s car sales, still, this group only
owns less than 1,100 out of the approximate 17,000 new-car dealerships in America.
When we examine ethnic women, they own approximately 86 stores, according to the National Automobile Dealer Association and the National Association of Minority Automobile Dealers.
And, as far as Black women, they
barely register on the radar. This group represents less than a tenth of 1
percent of total new car dealerships.
Ironically, in a traditional African
American household, Black women are responsible for 51 percent of last year’s
new-vehicle registrations, slightly outpacing Black men.