U.S. automotive rental and leasing industry ad spend 2022

In a survey of representatives of the automotive rental and leasing industry in the United States, it was found that in 2022 the sector spent nearly 344.9 million U.S. dollars on advertising. Based on data from the previous year's reporting the ad expenditures for the industry amounted to 258.8 million dollars.

Advertising spending in the automotive rental and leasing industry in the United States from 2021 to 2022 (in million U.S. dollars)

Characteristic	Advertising spending in million U.S. dollars
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Release date

June 2023

More information

Region

United States

Survey time period

2021 to 2022

Special properties

excluding drivers; Industry SIC code: 7510

Supplementary notes

The source calculated the figures based on data from government filings and published financial records. Single industry values are based on data from participating companies. Each year the number of participating companies varies.
The historical data values for all companies within each specific industry are pooled in a cross-sectional time series analysis and a non-linear multivariate model is derived for the entire industry.
In calculating advertising-to-sales ratios, sales is defined as "top-line" of the company's income statement. In industry data, the ad-to-sales ratio is a weighted average ratio for the industry, based on the sales of each company.
A "0" value means that the expenditures reported amounted to less than 1,000 U.S. dollars per year. Missing values were not provided by the source due to lack of reporting from participating companies in the given industry.
Figures have been rounded.

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