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

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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 Exports
Compiled by 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.
Gasoline 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