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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 Massachusetts Forward

Industry Impact

86.8K
86.8 Thousand total auto jobs in Massachusetts
1.79%
1.79% depend on the auto industry for jobs
$5.8B
Total Labor Income Annually
$11.6B
Total Car Sales in 2018
355.7K
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

$364.8M
total state tax revenue
1.20%
% of state tax revenue
$667.8M
new vehicle sales taxes
$378.7M
used vehicle sales taxes
$148.1M
sales tax on auto parts and services
$1.3B
vehicle use taxes (including gas taxes), licenses and fees
$13.8M
corporate profits tax
$89M
state income taxes

Registrations

5.4M
Registered

By Body Style

  • Cars 2,427,747 (45.1%)
  • CUVs 1,456,338 (27.06%)
  • SUVs 502,803 (9.34%)
  • Pickups 665,344 (12.36%)
  • Vans/Minivans 330,338 (6.14%)

By Powertrain

  • Gas 5,175,402 (96.15%)
  • Diesel 76,908 (1.43%)
  • Hybrid 109,002 (2.03%)
  • Electric 9,763 (0.18%)
  • Plug-In Hybrid 11,495 (0.21%)
The Massachusetts average age of vehicles is 9.84 years.

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

New Purchases

355.7K
Vehicles Sold

By Body Style

  • Cars 101,581 (28.56%)
  • CUVs 162,405 (45.65%)
  • SUVs 32,892 (9.25%)
  • Pickups 44,075 (12.39%)
  • Vans/Minivans 14,778 (4.15%)

By Powertrain

  • Gas 335,757 (94.39%)
  • Diesel 3,962 (1.11%)
  • Hybrid 7,022 (1.97%)
  • Electric 4,959 (1.39%)
  • Plug-In Hybrid 4,031 (1.13%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 775.7M 775.7 Million Total Imports
  • 6.2B 6.2 Billion Total Imports

Economic Activity from 2018

  • 50.6M 50.6 Million Total Imports
  • 820M 820 Million 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 3654
  • Electric Charging Stations 596
  • Biodiesel Stations 2
  • Compressed Natural Gas Stations 12
  • Hydrogen Stations 1
  • Liquefied Natural Gas Stations 1
  • Liquefied Petroleum Gas Stations 33

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
$32.7K
Average MSRP Per New Car
$77.4K
Median Household Income
$6.4K
Median Monthly Household Income
$498.57
Median Monthly New Car Payment
7.73%
Car Payment As Percent Of Monthly Income

Commuting to Work

  • Drive Alone to Work (70%)
  • Carpool to Work (7%)
  • Take Public Transportation (10%)
  • Other (12%)

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%.

Automaker's Facilities

Ford Motor Company Location Employees
Boston Regional Office Southborough MA 16
General Motors Location Employees
GM Financial -- Boston Branch Office Southborough MA 52
Honda Location Employees
American Honda Finance Corp. Office Holyoke MA
Kia Location Employees
Kia Training Center Marlborough MA 1
Stellantis Location Employees
Boston Parts Distribution Center Mansfield MA 49