See Auto Industry Impacts at the National, State, and Congressional District levels.
Economic Insights
49,008
49,008 Total Auto Jobs in Arkansas
2.96%
2.96% is dependent on the Auto Industry for Jobs.
$2.38B
Total Labor Income Annually
$4.16B
Total Car Sales in 2018
122.6K
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
$593.4M
Total State Tax revenue
6.0%
Percent of State Tax Revenue
$286.1M
New Vehicle Sales Taxes
$162.3M
Used Vehicle Sales Taxes
$63.5M
Sales Tax on Auto Parts and Services
$680.2M
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$7.6M
Corporate Profits Tax
$45.2M
State Income Taxes
Registrations
2,649,722
Registered
By Body Style
- Cars 951,197 (35.9%)
- CUVs 392,851 (14.83%)
- SUVs 342,630 (12.93%)
- Pickups 839,903 (31.7%)
- Vans/Minivans 123,141 (4.65%)
By Powertrain
- Gas 2,522,961 (95.22%)
- Diesel 104,244 (3.93%)
- Hybrid 21,219 (0.8%)
- Electric 516 (0.02%)
- Plug-In Hybrid 782 (0.03%)
The Arkansas average age of vehicles is 12.93 years.
Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.
New Purchases
122,614
Vehicles Sold
By Body Style
- Cars 30,309 (24.72%)
- CUVs 39,861 (32.51%)
- SUVs 13,026 (10.62%)
- Pickups 34,810 (28.39%)
- Vans/Minivans 4,608 (3.76%)
By Powertrain
- Gas 114,934 (93.74%)
- Diesel 5,812 (4.74%)
- Hybrid 1,433 (1.17%)
- Electric 260 (0.21%)
- Plug-In Hybrid 175 (0.14%)
Economic Activity From Past Decade
- 336.4K 336.4 Thousand Total Imports
- 68.7K 68.7 Thousand Total Imports
Economic Activity from 2018
- 55.7K 55.7 Thousand Total Imports
- 12.1K 12.1 Thousand 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.