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 Rhode Island Forward

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14,939
14,939 Total Auto Jobs in Rhode Island
2.31%
2.31% is dependent on the Auto Industry for Jobs.
$848M
Total Labor Income Annually
$1.55B
Total Car Sales in 2018
49.2K
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

$92.5M
Total State Tax revenue
2.6%
Percent of State Tax Revenue
$113.9M
New Vehicle Sales Taxes
$64.6M
Used Vehicle Sales Taxes
$25.3M
Sales Tax on Auto Parts and Services
$114.1M
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$1.5M
Corporate Profits Tax
$11.7M
State Income Taxes

Registrations

859,116

Registered

By Body Style

  • Cars 426,260 (49.62%)
  • CUVs 203,014 (23.63%)
  • SUVs 73,710 (8.58%)
  • Pickups 107,404 (12.5%)
  • Vans/Minivans 48,728 (5.67%)

By Powertrain

  • Gas 831,733 (96.81%)
  • Diesel 13,187 (1.53%)
  • Hybrid 12,458 (1.45%)
  • Electric 599 (0.07%)
  • Plug-In Hybrid 1,139 (0.13%)

The Rhode Island average age of vehicles is 10.94 years.

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

New Purchases

49,166

Vehicles Sold

By Body Style

  • Cars 15,069 (30.65%)
  • CUVs 22,308 (45.37%)
  • SUVs 3,751 (7.63%)
  • Pickups 6,492 (13.2%)
  • Vans/Minivans 1,546 (3.14%)

By Powertrain

  • Gas 47,203 (96.01%)
  • Diesel 585 (1.19%)
  • Hybrid 759 (1.54%)
  • Electric 276 (0.56%)
  • Plug-In Hybrid 343 (0.7%)

Economic Activity From Past Decade

  • 608.8M 608.8 Million Total Imports
  • 51.44B 51.44 Billion Total Imports

Economic Activity from 2018

  • 59.3M 59.3 Million Total Imports
  • 6.86B 6.86 Billion Total Imports
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.