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Urban Science Reports 1,605 Car Dealership Closures in 2009

Charleston, Stockton, Albany, Poughkeepsie, and Greensboro Suffer Largest Declines
By Sasha M Pardy
February 5, 2010 | 7:22 P.M.

Automotive industry research firm, Urban Science reports that the number of auto dealerships that closed in 2009 broke an all-time record. The nation's car dealership count fell by 1,605, or 8% during 2009 to end the year with 18,841 dealerships, said Urban Science. This compares to the 881 dealership net closures recorded during 2008. "Normal Attrition is 1%," said Urban Science.

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