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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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State Facts

Autos Drive New Jersey Forward

Industry Impact

147K
147 Thousand total auto jobs in New Jersey
2.80%
2.80% depend on the auto industry for jobs
$12B
Total Labor Income Annually
$39.5B
Total Car Sales in 2022
441.1K
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

$1.4B
total state tax revenue
3.22%
% of state tax revenue
$1.5B
new vehicle sales taxes
$159.6M
used vehicle sales taxes
$297.6M
sales tax on auto parts and services
$1.1B
vehicle use taxes (including gas taxes), licenses and fees
$69.1M
corporate profits tax
$231.5M
state income taxes

Registrations

7.2M
Registered

By Body Style

  • Cars 2,812,120 (39.07%)
  • UVs 3,078,283 (42.77%)
  • Pickups 726,006 (10.09%)
  • Vans/Minivans 479,666 (6.66%)

By Powertrain

  • ICE / Hybrid 7,100,926 (98.65%)
  • Electric 72,765 (1.01%)
  • Plug-In Hybrid 24,247 (0.34%)
  • Fuel Cell 13 (0%)
The New Jersey average age of vehicles is 10.7 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

441.1K
Vehicles Sold

By Body Style

  • Cars 98,751 (22.39%)
  • UVs 283,774 (64.34%)
  • Pickups 43,022 (9.75%)
  • Vans/Minivans 15,522 (3.52%)

By Powertrain

  • ICE / Hybrid 402,567 (91.27%)
  • Electric 31,300 (7.1%)
  • Plug-In Hybrid 7,202 (1.63%)
  • Fuel Cell 0 (0%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 18.9B 18.9 Billion Total Exports
  • 137.1B 137.1 Billion Total Imports

Economic Activity from 2022

  • 2.4B 2.4 Billion Total Exports
  • 14.2B 14.2 Billion 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 2,999
  • EV Level 2 Charging Ports 1517
  • EV Level 2 Charging Stations 664
  • EV DC Fast Charging Ports 224
  • EV DC Fast Charging Stations 95

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
$89.3K
Median Household Income
64.40%
Owner Occupied Housing
35.60%
Rental Occupied Housing
92.30%
Owner Occupied Single Family Homes

Commuting to Work

  • Drive Alone to Work (59.86%)
  • Carpool to Work (7.15%)
  • Take Public Transportation (5.87%)
  • Work From Home (22.14%)
  • Other (4.98%)

Housing Type

  • Single Family Home (53.70%)
  • 1-Unit (9.80%)
  • 2-4 Units (14.40%)
  • 5-9 Units (4.60%)
  • 10-19 Units (4.80%)
  • 20+ Units (11.80%)
  • Mobile / RV / Boat (0.90%)

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

Automaker's Facilities

BMW Group Location Employees
BMW National Workshop Bordentown, NJ 7
BMW of North America Vehicle Distribution Center Jersey City , NJ 66
BMW of North America Training Center Woodcliff Lake, NJ
BMW of North America, LLC Woodcliff Lake, NJ 974
MINI of North America, LLC Woodcliff Lake, NJ
Rolls-Royce of North America, LLC Woodcliff Lake, NJ
Ferrari North America, Inc Location Employees
Ferrari North America, Inc. Headquarters Englewood Cliffs, NJ 106
Ford Motor Company Location Employees
New York High Velocity Center Cranbury, NJ 74
New York Regional Office Mahwah, NJ 66
Philadelphia Regional Office Mount Laurel, NJ 17
General Motors Location Employees
GM Financial -- Paramus Branch Office Paramus, NJ
Honda Location Employees
American Honda Motor Co., Inc. Parts Center Mt Laurel, NJ
American Honda Motor Co., Inc. Zone Office Mt Laurel, NJ
Hyundai/Kia Location Employees
Mobis Parts Distribution Center (Hyundai/Kia) Jamesburg, NJ
Jaguar Land Rover Location Employees
Jaguar Land Rover North America, LLC Headquarters Mahwah, NJ 270
Kia Location Employees
Kia Regional Office Parsippany, NJ 36
Mazda Location Employees
Mazda Regional Office Bridgewater, NJ 61
Mazda Training Center Somerset, NJ 2
Mercedes-Benz Location Employees
Mercedes-Benz USA Montvale, NJ 68
Mercedes-Benz USA Robbinsville, NJ 106
Subaru of America Location Employees
RDC - Florence Burlington, NJ 32
Subaru Service Training Center - Philadelphia Burlington, NJ 2
Eastern Region Camden, NJ 18
Eastern Region - Zone 1 Philadelphia (PHL) Camden, NJ 18
Headquarters - Administration Camden, NJ 680
Headquarters - Off Site Camden, NJ 93
National Service Training Center Camden, NJ 17
Headquarters - Operations Pennsauken, NJ 46
North American Subaru Inc. Pennsauken, NJ 67
Subaru Research & Development, Inc. Pennsauken, NJ 27
Volkswagen Group of America Location Employees
North American Regional Distribution Center Cranbury, NJ 101
Parts Distribution Center New Jersey Cranbury, NJ 65
Volkswagen Group North East Regional Office Woodcliff Lake ?, NJ 50
Volvo Location Employees
Volvo Car USA Mahwah, NJ 331
Volvo Car USA Rockleigh, NJ 12
Volvo Car USA Parts Distribution Center Rutherford, NJ 40