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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 2

Autos Drive Rhode Island Forward

Industry Impact

9.1K
9.1 Thousand total auto jobs in Rhode Island
2.86%
2.86% depend on the auto industry for jobs
$525.7M
Total Labor Income Annually
$892M
Total Car Sales in 2018
28.3K
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

$59.2M
total state tax revenue
$1M
corporate profits tax
$7.5M
state income taxes

Registrations

461K
Registered

By Body Style

  • Cars 223,522 (48.48%)
  • CUVs 108,266 (23.48%)
  • SUVs 40,157 (8.71%)
  • Pickups 63,468 (13.77%)
  • Vans/Minivans 25,626 (5.56%)

By Powertrain

  • Gas 445,640 (96.66%)
  • Diesel 8,136 (1.76%)
  • Hybrid 6,361 (1.38%)
  • Electric 287 (0.06%)
  • Plug-In Hybrid 615 (0.13%)
The Rhode Island congressional district 2 average age of vehicles is 10.87 years.

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

New Purchases

28.3K
Vehicles Sold

By Body Style

  • Cars 8,555 (30.25%)
  • CUVs 12,646 (44.72%)
  • SUVs 2,269 (8.02%)
  • Pickups 3,944 (13.95%)
  • Vans/Minivans 867 (3.07%)

By Powertrain

  • Gas 27,238 (96.31%)
  • Diesel 350 (1.24%)
  • Hybrid 391 (1.38%)
  • Electric 134 (0.47%)
  • Plug-In Hybrid 169 (0.6%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 604.8M 604.8 Million Total Imports
  • -99,341,301.00 -99,341,301.00 Total Imports

Economic Activity from 2018

  • 59.3M 59.3 Million Total Imports
  • -1,726,947,902.00 -1,726,947,902.00 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 358
  • Electric Charging Stations 48
  • Biodiesel Stations 1
  • Compressed Natural Gas Stations 1
  • Liquefied Petroleum Gas Stations 2

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
$31.5K
Average MSRP Per New Car
$69.7K
Median Household Income
$5.8K
Median Monthly Household Income
$480.37
Median Monthly New Car Payment
8.27%
Car Payment As Percent Of Monthly Income

Commuting to Work

  • Drive Alone to Work (82%)
  • Carpool to Work (8%)
  • Take Public Transportation (1%)
  • Other (7%)

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

Volkswagen Group of America Location Employees
Port-Davisville Davisville RI 2