Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
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- Industry Impact
- Tax Revenue
- Registrations
- New Purchases
- Activity at Ports
- Fueling
- Consumers
- Automaker Facilities
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State Facts
Autos Drive South Carolina Forward
Industry Impact
131.6K
131.6 Thousand total auto jobs in South Carolina
4.70%
4.70% depend on the auto industry for jobs
$8.08B
Total Labor Income Annually
$17.17B
Total Car Sales in 2022
191.9K
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
$950.16M
total state tax revenue
7.15%
% of state tax revenue
$111.95M
new vehicle sales taxes
$
used vehicle sales taxes
$109.2M
sales tax on auto parts and services
$1.15B
vehicle use taxes (including gas taxes), licenses and fees
$34.03M
corporate profits tax
$34.03M
federal income taxes
Registrations
5.3M
Registered
By Body Style
- Cars 1,898,734 (35.8%)
- UVs 1,804,849 (34.03%)
- Pickups 1,207,577 (22.77%)
- Vans/Minivans 267,566 (5.04%)
By Powertrain
- ICE / Hybrid 5,285,998 (99.67%)
- Electric 11,471 (0.22%)
- Plug-In Hybrid 6,277 (0.12%)
- Fuel Cell 0 (0%)
The South Carolina average age of vehicles is 13.6 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
191.9K
Vehicles Sold
By Body Style
- Cars 38,935 (20.29%)
- UVs 104,405 (54.42%)
- Pickups 41,640 (21.7%)
- Vans/Minivans 6,874 (3.58%)
By Powertrain
- ICE / Hybrid 186,195 (97.05%)
- Electric 4,151 (2.16%)
- Plug-In Hybrid 1,508 (0.79%)
- Fuel Cell 0 (0%)
Auto-related Activity at Ports
Economic Activity From Past Decade
- 87.97B 87.97 Billion Total Exports
- 50.61B 50.61 Billion Total Imports
Economic Activity from 2022
- 9.44B 9.44 Billion Total Exports
- 6.91B 6.91 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 3,270
- EV Level 2 Charging Ports 552
- EV Level 2 Charging Stations 277
- EV DC Fast Charging Ports 52
- EV DC Fast Charging Stations 28
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
$59.3K
Median Household Income
69.00%
Owner Occupied Housing
31.00%
Rental Occupied Housing
91.50%
Owner Occupied Single Family Homes
Commuting to Work
- Drive Alone to Work (76.59%)
- Carpool to Work (8.11%)
- Take Public Transportation (0.32%)
- Work From Home (11.70%)
- Other (3.28%)
Housing Type
- Single Family Home (62.90%)
- 1-Unit (3.30%)
- 2-4 Units (16.20%)
- 5-9 Units (4.10%)
- 10-19 Units (3.40%)
- 20+ Units (8.70%)
- Mobile / RV / Boat (1.40%)
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 Group Information Technology Research Center | Greenville, SC | 92 |
| BMW Manufacturing Co. | Greer, SC | 11000 |
| BMW Performance Center | Greer, SC | 100 |
| BMW of North America Regional Office | Greer, SC | 82 |
| BMW of North America Training Center | Greer, SC | 67 |
| BMW of North America Continental Distribution Center | Spartanburg, SC |
| Ford Motor Company | Location | Employees |
|---|---|---|
| Ford Credit Greenville Business Center | Greenville, SC | 225 |
| Magna | Location | Employees |
|---|---|---|
| Magna Operations | SC | 1236 |
| Magna Operations | SC | 1671 |
| Mercedes-Benz | Location | Employees |
|---|---|---|
| Mercedes-Benz USA | Ladson, SC | 13 |
| Mercedes-Benz Vans | Ladson, SC | 1600 |
| Volvo | Location | Employees |
|---|---|---|
| Volvo Car Industrial Operations | Ridgeville, SC | 1262 |
| Volvo Car Manufacturing Training Center | Ridgeville, SC | 0 |
| Volvo Car USA | Ridgeville, SC | 150 |
| Volvo Car University & Jacob Office Building | Ridgeville, SC | 91 |
| Volvo South Carolina Technical Center | Ridgeville, SC | 18 |
| Volvo Car US Operations | Summerville, SC | 16 |