The U.S. automobile dealer industry includes about 45,000 new and used vehicle dealers with combined annual revenue of approximately $625 billion. Major companies include AutoNation, CarMax, Penske Automotive Group, and Sonic Automotive. In this highly fragmented industry, the top 50 companies generate less than 15 percent of revenue. With auto dealerships facing unprecedented challenges in competition, harsh economic conditions, rising fuel prices and tightened credit lines, it's more important than ever to keep your fingers on the pulse of this industry. The 2011/2012 edition of Industry Transaction & Profile Annual Report: Auto Dealerships includes insight on the business environment as well as the key auto dealership value drivers from leading business valuator and consultant Kevin Yeanoplos, CPA/ABV/CFF, ASA. Also included are balance sheet benchmarks along with transactional data on the sales of auto dealerships.