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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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Congressional District 12

Autos Drive North Carolina Forward

Industry Impact

18K
18 Thousand total auto jobs in North Carolina
2.59%
2.59% depend on the auto industry for jobs
$1.2B
Total Labor Income Annually
$1.9B
Total Car Sales in 2018
59.7K
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

$99.3M
total state tax revenue
$1.5M
corporate profits tax
$16.5M
state income taxes

Registrations

653.5K
Registered

By Body Style

  • Cars 328,932 (50.34%)
  • CUVs 129,854 (19.87%)
  • SUVs 65,718 (10.06%)
  • Pickups 81,052 (12.4%)
  • Vans/Minivans 47,919 (7.33%)

By Powertrain

  • Gas 631,159 (96.59%)
  • Diesel 10,309 (1.58%)
  • Hybrid 10,580 (1.62%)
  • Electric 740 (0.11%)
  • Plug-In Hybrid 687 (0.11%)
The North Carolina congressional district 12 average age of vehicles is 9.72 years.

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

New Purchases

59.7K
Vehicles Sold

By Body Style

  • Cars 23,475 (39.34%)
  • CUVs 18,952 (31.76%)
  • SUVs 5,477 (9.18%)
  • Pickups 7,686 (12.88%)
  • Vans/Minivans 4,089 (6.85%)

By Powertrain

  • Gas 57,123 (95.72%)
  • Diesel 1,119 (1.87%)
  • Hybrid 948 (1.59%)
  • Electric 341 (0.57%)
  • Plug-In Hybrid 147 (0.25%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 84.3M 84.3 Million Total Imports
  • 222.7M 222.7 Million Total Imports

Economic Activity from 2018

  • 18.3M 18.3 Million Total Imports
  • 18.7M 18.7 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 212
  • Electric Charging Stations 70
  • Compressed Natural Gas Stations 3
  • Liquefied Natural Gas Stations 1
  • Liquefied Petroleum Gas Stations 6

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
$31.9K
Average MSRP Per New Car
$58.8K
Median Household Income
$4.9K
Median Monthly Household Income
$486.24
Median Monthly New Car Payment
9.93%
Car Payment As Percent Of Monthly Income

Commuting to Work

  • Drive Alone to Work (81%)
  • Carpool to Work (7%)
  • Take Public Transportation (1%)
  • Other (9%)

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
Charlotte Regional Office Charlotte NC 20
General Motors Location Employees
Customer Care & Aftersales -- Parts Distribution Center -- Charlotte Charlotte NC
Charlotte OnStar Call Center Charlotte NC
GM Financial -- Huntersville Collection Center Huntersville NC
GM Financial International Treasury Office Charlotte NC
Subaru of America Location Employees
Subaru Service Training Center-Charlotte Huntersville NC 1