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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 2

Autos Drive North Carolina Forward

Industry Impact

14.5K
14.5 Thousand total auto jobs in North Carolina
2.60%
2.60% depend on the auto industry for jobs
$1.1B
Total Labor Income Annually
39K
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

$91.2M
total state tax revenue
$1.6M
corporate profits tax
$13.9M
state income taxes

Registrations

618K
Registered

By Body Style

  • Cars 245,312 (39.7%)
  • UVs 244,958 (39.64%)
  • Pickups 82,444 (13.34%)
  • Vans/Minivans 40,113 (6.49%)

By Powertrain

  • ICE / Hybrid 607,852 (98.36%)
  • Electric 7,584 (1.23%)
  • Plug-In Hybrid 2,540 (0.41%)
  • Fuel Cell 0 (0%)
The North Carolina congressional district 2 average age of vehicles is 10.2 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

39K
Vehicles Sold

By Body Style

  • Cars 9,429 (24.21%)
  • UVs 22,258 (57.14%)
  • Pickups 5,455 (14%)
  • Vans/Minivans 1,811 (4.65%)

By Powertrain

  • ICE / Hybrid 35,435 (90.97%)
  • Electric 2,906 (7.46%)
  • Plug-In Hybrid 612 (1.57%)
  • Fuel Cell 0 (0%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 23.8M 23.8 Million Total Exports
  • 7.7M 7.7 Million Total Imports

Economic Activity from 2022

  • 36.3K 36.3 Thousand Total Exports
  • 915.7K 915.7 Thousand 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 207
  • EV Level 2 Charging Ports 202
  • EV Level 2 Charging Stations 102
  • EV DC Fast Charging Ports 30
  • EV DC Fast Charging Stations 14

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
$92.6K
Median Household Income
57.50%
Owner Occupied Housing
42.50%
Rental Occupied Housing
78.60%
Owner Occupied Single Family Homes

Commuting to Work

  • Drive Alone to Work (54.50%)
  • Carpool to Work (5.40%)
  • Take Public Transportation (0.50%)
  • Work From Home (37%)
  • Other (2.50%)

Housing Type

  • Single Family Home (57.50%)
  • 1-Unit (5%)
  • 2-4 Units (7%)
  • 5-9 Units (5.10%)
  • 10-19 Units (4.80%)
  • 20+ Units (6.60%)
  • Mobile / RV / Boat (14.20%)

Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.

Automaker's Facilities

General Motors Location Employees
GM Financial -- Raleigh Branch Office Raleigh, NC