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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 6

Autos Drive North Carolina Forward

Industry Impact

11.4K
11.4 Thousand total auto jobs in North Carolina
2.57%
2.57% depend on the auto industry for jobs
$574.5M
Total Labor Income Annually
$880.1M
Total Car Sales in 2018
27.2K
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

$60.5M
total state tax revenue
$569.9K
corporate profits tax
$9.3M
state income taxes

Registrations

714.5K
Registered

By Body Style

  • Cars 315,970 (44.22%)
  • CUVs 116,459 (16.3%)
  • SUVs 78,870 (11.04%)
  • Pickups 161,773 (22.64%)
  • Vans/Minivans 41,466 (5.8%)

By Powertrain

  • Gas 682,715 (95.55%)
  • Diesel 22,025 (3.08%)
  • Hybrid 8,971 (1.26%)
  • Electric 409 (0.06%)
  • Plug-In Hybrid 418 (0.06%)
The North Carolina congressional district 6 average age of vehicles is 13.25 years.

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

New Purchases

27.2K
Vehicles Sold

By Body Style

  • Cars 8,743 (32.11%)
  • CUVs 10,307 (37.86%)
  • SUVs 2,262 (8.31%)
  • Pickups 4,919 (18.07%)
  • Vans/Minivans 995 (3.65%)

By Powertrain

  • Gas 25,584 (93.97%)
  • Diesel 839 (3.08%)
  • Hybrid 522 (1.92%)
  • Electric 191 (0.7%)
  • Plug-In Hybrid 90 (0.33%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 1.4M 1.4 Million Total Imports
  • 449.4K 449.4 Thousand Total Imports

Economic Activity from 2018

  • 1.2M 1.2 Million Total Imports
  • 95.2K 95.2 Thousand 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 351
  • Electric Charging Stations 34
  • Compressed Natural Gas Stations 3
  • Liquefied Petroleum Gas Stations 7

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
$32.3K
Average MSRP Per New Car
$49.9K
Median Household Income
$4.2K
Median Monthly Household Income
$492.35
Median Monthly New Car Payment
11.85%
Car Payment As Percent Of Monthly Income

Commuting to Work

  • Drive Alone to Work (82%)
  • Carpool to Work (8%)
  • Take Public Transportation (0%)
  • 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
Greensboro High Velocity Center Mebane NC 24