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Economic Insights

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

Every State is an Auto State

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Autos Drive America Forward

Industry Impact

10.34M
10.34 Million total auto jobs in U.S.
5.20%
5.20% depend on the auto industry for jobs
$651.7B
Total Labor Income Annually
$558.2B
Total Car Sales in 2018
16.8M
Total New Cars 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

$140.4B
federal tax revenue
3.30%
% of federal income tax revenue
$7.4B
corporate profits tax
$56.4B
federal income taxes

Registrations

278.2M
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

16.8M
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

  • 881.8B 881.8 Billion Total Imports
  • 2T 2 Trillion Total Imports

Economic Activity from 2018

  • 94.7B 94.7 Billion Total Imports
  • 243.8B 243.8 Billion Total Imports

Compiled by the 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.

Consumers
$33.1K
Average MSRP Per New Car
$58.6K
Median Household Income
$4.9K
Median Monthly Household Income
$500.28
Median Monthly New Car Payment
10.32%
Car Payment As 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%.