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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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State Facts

Autos Drive Florida Forward

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329,815
329,815 Total Auto Jobs in Florida
2.72%
2.72% is dependent on the Auto Industry for Jobs.
$18.12B
Total Labor Income Annually
$44.92B
Total Car Sales in 2018
1.3M
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

$2.19B
Total State Tax revenue
4.8%
Percent of State Tax Revenue
$2.7B
New Vehicle Sales Taxes
$1.53B
Used Vehicle Sales Taxes
$599M
Sales Tax on Auto Parts and Services
$4.41B
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$36.8M
Corporate Profits Tax

Registrations

17,133,318

Registered

By Body Style

  • Cars 8,302,864 (48.46%)
  • CUVs 3,420,668 (19.97%)
  • SUVs 1,665,153 (9.72%)
  • Pickups 2,699,144 (15.75%)
  • Vans/Minivans 1,045,489 (6.1%)

By Powertrain

  • Gas 16,457,800 (96.06%)
  • Diesel 398,996 (2.33%)
  • Hybrid 233,560 (1.36%)
  • Electric 25,155 (0.15%)
  • Plug-In Hybrid 17,807 (0.1%)

The Florida average age of vehicles is 10.58 years.

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

New Purchases

1,328,459

Vehicles Sold

By Body Style

  • Cars 511,530 (38.51%)
  • CUVs 480,472 (36.17%)
  • SUVs 110,814 (8.34%)
  • Pickups 163,267 (12.29%)
  • Vans/Minivans 62,376 (4.7%)

By Powertrain

  • Gas 1,269,613 (95.57%)
  • Diesel 26,790 (2.02%)
  • Hybrid 18,351 (1.38%)
  • Electric 9,804 (0.74%)
  • Plug-In Hybrid 3,901 (0.29%)

Economic Activity From Past Decade

  • 64.02B 64.02 Billion Total Imports
  • 76.19B 76.19 Billion Total Imports

Economic Activity from 2018

  • 4.81B 4.81 Billion Total Imports
  • 11.86B 11.86 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.