Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.

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Industry Impact

10.3M
10.3 Million Total Auto Jobs in U.S.
5.2%
5.2% is dependent on the Auto Industry for Jobs.
$651.74B
Total Labor Income Annually
$558.21B
Total Car Sales in 2018
16.8M
Total New Car Sold in 2018

Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2018 data year; compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2018 - December 31, 2018.

Tax Revenue

$140.37B
Federal Tax revenue
3.30%
Percent of Federal Income Tax Revenue
$7.4B
Corporate Profits Tax
$56.43B
Federal Income Taxes

Registrations

278,243,836

Registered

By Body Style

  • Cars 121,004,759 (41.37%)
  • CUVs 53,692,641 (18.92%)
  • SUVs 30,976,352 (11.35%)
  • Pickups 55,165,389 (22.29%)
  • Vans/Minivans 17,404,695 (6.07%)

By Powertrain

  • Gas 264,363,764 (94.69%)
  • Diesel 8,489,249 (3.68%)
  • Hybrid 4,368,232 (1.38%)
  • Electric 549,400 (0.13%)
  • Plug-In Hybrid 473,191 (0.12%)

The National average age of vehicles is 12 years.

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.

New Purchases

16,785,627

Vehicles Sold

By Body Style

  • Cars 5,303,743 (27.66%)
  • CUVs 6,262,477 (37.45%)
  • SUVs 1,501,844 (9.31%)
  • Pickups 2,845,562 (20.59%)
  • Vans/Minivans 872,001 (4.99%)

By Powertrain

  • Gas 15,649,111 (93.04%)
  • Diesel 482,751 (3.83%)
  • Hybrid 323,913 (1.8%)
  • Electric 205,360 (0.82%)
  • Plug-In Hybrid 124,492 (0.51%)

Auto-Related Activity at Ports

Economic Activity From Past Decade

  • 881.83B 881.83 Billion Total Imports
  • 2.02T 2.02 Trillion Total Imports

Economic Activity from 2018

  • 94.7B 94.7 Billion Total Imports
  • 243.75B 243.75 Billion Total Imports
Compiled by Alliance for Automotive Innovation with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2018 - December 31, 2018.

Fueling

Gasoline Stations 166047
Electric Charging Stations 21,158
Biodiesel Stations 198
Compressed Natural Gas Stations 912
Hydrogen Stations 45
Liquefied Natural Gas Stations 66
Liquefied Petroleum Gas Stations 3,048
Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling stations as of April 9, 2019.

National Consumers

$33,084

$33,084 Average MSRP Per New Car

$58,570

$58,570 Median Household Income

$4,881

$4,881 Median Monthly Household Income

$500

$500 Median Monthly New Car Payment

10.32%

10.32% Monthly Car Payment As A Percent Of Monthly Income (%)

Commuting to Work

  • Drive Alone to Work (77%)
  • Carpool to Work (9%)
  • Take Public Transportation (3%)
  • Other (10%)
Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit, U.S. Census Bureau's American Community Survey 2017 and Federal Reserve Bank of St. Louis. Median Monthly New Car Payment computed for a 60-month loan based on MSRP with 20% down and an APR of 5.36%.