Economic Insights

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

Every State is an Auto State

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State Facts

Autos Drive Connecticut Forward

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48,997
48,997 Total Auto Jobs in Connecticut
2.09%
2.09% is dependent on the Auto Industry for Jobs.
$3.52B
Total Labor Income Annually
$5.62B
Total Car Sales in 2018
169.1K
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

$409.8M
Total State Tax revenue
2.2%
Percent of State Tax Revenue
$359.9M
New Vehicle Sales Taxes
$204.1M
Used Vehicle Sales Taxes
$79.8M
Sales Tax on Auto Parts and Services
$768.5M
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$6.5M
Corporate Profits Tax
$73.2M
State Income Taxes

Registrations

3,052,626

Registered

By Body Style

  • Cars 1,451,072 (47.54%)
  • CUVs 762,311 (24.97%)
  • SUVs 303,652 (9.95%)
  • Pickups 359,291 (11.77%)
  • Vans/Minivans 176,300 (5.78%)

By Powertrain

  • Gas 2,939,124 (96.28%)
  • Diesel 57,660 (1.89%)
  • Hybrid 46,043 (1.51%)
  • Electric 4,453 (0.15%)
  • Plug-In Hybrid 5,346 (0.18%)

The Connecticut average age of vehicles is 11.07 years.

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

New Purchases

169,074

Vehicles Sold

By Body Style

  • Cars 51,690 (30.57%)
  • CUVs 79,785 (47.19%)
  • SUVs 14,978 (8.86%)
  • Pickups 16,536 (9.78%)
  • Vans/Minivans 6,085 (3.6%)

By Powertrain

  • Gas 160,619 (95%)
  • Diesel 2,107 (1.25%)
  • Hybrid 2,933 (1.73%)
  • Electric 1,844 (1.09%)
  • Plug-In Hybrid 1,571 (0.93%)

Economic Activity From Past Decade

  • 2.1M 2.1 Million Total Imports
  • 328.7K 328.7 Thousand Total Imports

Economic Activity from 2018

  • 60.5K 60.5 Thousand Total Imports
  • 34.7K 34.7 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.