Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
117,154
117,154 Total Auto Jobs in New Jersey
2.14%
2.14% is dependent on the Auto Industry for Jobs.
$7.92B
Total Labor Income Annually
$19.56B
Total Car Sales in 2018
581.2K
Total New Car 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
$774.2M
Total State Tax revenue
2.2%
Percent of State Tax Revenue
$1.42B
New Vehicle Sales Taxes
$803.3M
Used Vehicle Sales Taxes
$302.8M
Sales Tax on Auto Parts and Services
$1.17B
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$41M
Corporate Profits Tax
$92.3M
State Income Taxes
Registrations
7,243,886
Registered
By Body Style
By Powertrain
The New Jersey average age of vehicles is 10.12 years.
Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.New Purchases
581,215
Vehicles Sold
By Body Style
By Powertrain
$128.1B
$128.1 Billion Total Imports$15.11B
$15.11 Billion Total Exports$14.67B
$14.67 Billion Total Imports$1.65B
$1.65 Billion Total ExportsGasoline Stations 5458
Electric Charging Stations 288
Biodiesel Stations 1
Compressed Natural Gas Stations 15
Hydrogen Stations 0
Liquefied Natural Gas Stations 0
Liquefied Petroleum Gas Stations 16
$33,651
$33,651 Average MSRP Per New Car
$80,088
$80,088 Median Household Income
$6,674
$6,674 Median Monthly Household Income
$512
$512 Median Monthly New Car Payment
7.68%
7.68% Monthly Car Payment As A Percent Of Monthly Income (%)
Commuting to Work
Automakers' Facilities
BMW Group |
Location | Employees | |
|---|---|---|---|
| BMW of North America Vehicle Distribution Center | Jersey City | 83 | |
| BMW of North America, LLC | Woodcliff Lake | 933 | |
| MINI of North America, LLC | Woodcliff Lake | ||
| Rolls-Royce of North America, LLC | Woodcliff Lake | ||
| BMW of North America Training Center | Woodcliff Lake | 137 |
Ferrari North America, Inc |
Location | Employees | |
|---|---|---|---|
| Ferrari North America, Inc. Headquarters | Englewood Cliffs | 80 |
Ford Motor Company |
Location | Employees | |
|---|---|---|---|
| New York High Velocity Center | Cranbury | 74 | |
| New York Regional Office | Mahwah | 66 | |
| Philadelphia Regional Office | Mount Laurel | 17 |
General Motors |
Location | Employees | |
|---|---|---|---|
| GM Financial -- Paramus Branch Office | Paramus |
Honda |
Location | Employees | |
|---|---|---|---|
| Acura Training Center | Mt. Laurel | ||
| Honda Parts Distribution Center | Mt Laurel | 158 | |
| Honda and Acura Zone Office | Mt. Laurel | 158 |
Hyundai/Kia |
Location | Employees | |
|---|---|---|---|
| Mobis Parts Distribution Center (Hyundai/Kia) | Jamesburg |
Jaguar Land Rover |
Location | Employees | |
|---|---|---|---|
| Jaguar Land Rover North America, LLC Headquarters | Mahwah | 270 |
Kia |
Location | Employees | |
|---|---|---|---|
| Kia Regional Office | Parsippany | 36 |
Mazda |
Location | Employees | |
|---|---|---|---|
| Mazda Regional Office | Bridgewater | 61 | |
| Mazda Training Center | Somerset | 2 |
Mercedes-Benz |
Location | Employees | |
|---|---|---|---|
| Mercedes-Benz USA | Robbinsville | 81 |
Subaru of America |
Location | Employees | |
|---|---|---|---|
| RDC - Florence | Burlington | 31 | |
| Subaru Service Training Center - Philadelphia | Burlington | 2 | |
| Eastern Region | Camden | 21 | |
| Eastern Region - Zone 1 Philadelphia (PHL) | Camden | 16 | |
| Headquarters - Administration | Camden | 570 | |
| Headquarters - Off Site | Camden | 57 | |
| National Service Training Center | Camden | 17 | |
| Headquarters - Operations | Pennsauken | 159 |
Volkswagen Group of America |
Location | Employees | |
|---|---|---|---|
| Volkswagen Group North East Regional Office | Woodcliff Lake | 50 | |
| Parts Distribution Center New Jersey | Cranbury | 65 | |
| North American Regional Distribution Center | Cranbury | 101 |
©2020 Alliance for Automotive Innovation
©2020 Alliance for Automotive Innovation