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Economic Insights

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

Autos Drive North Carolina Forward

Industry Impact

221.1K
221.1 Thousand total auto jobs in North Carolina
3.60%
3.60% depend on the auto industry for jobs
$14B
Total Labor Income Annually
$34.28B
Total Car Sales in 2022
383.1K
Total New Cars Sold in 2022
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2021 data year; compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2022 - December 31, 2022.

Tax Revenue

$1.5B
total state tax revenue
4.33%
% of state tax revenue
$528.23M
new vehicle sales taxes
$29.69M
used vehicle sales taxes
$177.85M
sales tax on auto parts and services
$3.23B
vehicle use taxes (including gas taxes), licenses and fees
$27.59M
corporate profits tax
$349.48M
federal income taxes

Registrations

9.5M
Registered

By Body Style

  • Cars 3,477,339 (36.61%)
  • UVs 3,298,235 (34.73%)
  • Pickups 2,073,692 (21.83%)
  • Vans/Minivans 517,917 (5.45%)

By Powertrain

  • ICE / Hybrid 9,439,883 (99.4%)
  • Electric 39,850 (0.42%)
  • Plug-In Hybrid 17,584 (0.19%)
  • Fuel Cell 1 (0%)
The North Carolina average age of vehicles is 12.6 years; The national average is 12.2.
Figures compiled by Powerbase Associates with data provided by S&P Global Mobility as of December 31, 2022.

New Purchases

383.1K
Vehicles Sold

By Body Style

  • Cars 81,103 (21.17%)
  • UVs 210,616 (54.98%)
  • Pickups 77,545 (20.24%)
  • Vans/Minivans 13,846 (3.61%)

By Powertrain

  • ICE / Hybrid 364,553 (95.16%)
  • Electric 14,736 (3.85%)
  • Plug-In Hybrid 3,821 (1%)
  • Fuel Cell 0 (0%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 2.01B 2.01 Billion Total Exports
  • 1.92B 1.92 Billion Total Imports

Economic Activity from 2022

  • 152.39M 152.39 Million Total Exports
  • 173.8M 173.8 Million Total Imports
Compiled by Powerbase Associates with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2022 - December 31, 2022.

Fueling

  • Gasoline Stations 5,962
  • EV Level 2 Charging Ports 1835
  • EV Level 2 Charging Stations 851
  • EV DC Fast Charging Ports 191
  • EV DC Fast Charging Stations 105
Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling data as of January 1, 2023.
Consumers
$62K
Median Household Income
77.50%
Owner Occupied Housing
22.50%
Rental Occupied Housing
93.90%
Owner Occupied Single Family Homes

Commuting to Work

  • Drive Alone to Work (70.40%)
  • Carpool to Work (7.50%)
  • Take Public Transportation (0.51%)
  • Work From Home (18.77%)
  • Other (2.82%)

Housing Type

  • Single Family Home (72.30%)
  • 1-Unit (3.70%)
  • 2-4 Units (9.40%)
  • 5-9 Units (4.20%)
  • 10-19 Units (1.90%)
  • 20+ Units (3.60%)
  • Mobile / RV / Boat (4.80%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.

Automaker’s Facilities

Ford Motor Company Location Employees
Charlotte Regional Office Charlotte, NC 20
Greensboro High Velocity Center Mebane, NC 24
General Motors Location Employees
Charlotte OnStar Call Center Charlotte, NC
Customer Care & Aftersales -- Parts Distribution Center -- Charlotte Charlotte, NC
GM Financial International Treasury Office Charlotte, NC
GM Financial -- Huntersville Collection Center Huntersville, NC
GM Financial -- Raleigh Branch Office Raleigh, NC
Subaru of America Location Employees
Subaru Service Training Center-Charlotte Huntersville, NC 4