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 Tennessee Forward

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155,837
155,837 Total Auto Jobs in Tennessee
3.84%
3.84% is dependent on the Auto Industry for Jobs.
$10.33B
Total Labor Income Annually
$8.89B
Total Car Sales in 2018
273.7K
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

$1.26B
Total State Tax revenue
8.8%
Percent of State Tax Revenue
$721.6M
New Vehicle Sales Taxes
$409.2M
Used Vehicle Sales Taxes
$160.1M
Sales Tax on Auto Parts and Services
$1.5B
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$131.1M
Corporate Profits Tax
$5.4M
State Income Taxes

Registrations

6,124,542

Registered

By Body Style

  • Cars 2,584,747 (42.2%)
  • CUVs 1,023,273 (16.71%)
  • SUVs 759,611 (12.4%)
  • Pickups 1,433,425 (23.4%)
  • Vans/Minivans 323,486 (5.28%)

By Powertrain

  • Gas 5,890,501 (96.18%)
  • Diesel 164,902 (2.69%)
  • Hybrid 62,140 (1.01%)
  • Electric 3,978 (0.06%)
  • Plug-In Hybrid 3,021 (0.05%)

The Tennessee average age of vehicles is 12.7 years.

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

New Purchases

273,666

Vehicles Sold

By Body Style

  • Cars 87,117 (31.83%)
  • CUVs 92,974 (33.97%)
  • SUVs 26,631 (9.73%)
  • Pickups 54,407 (19.88%)
  • Vans/Minivans 12,537 (4.58%)

By Powertrain

  • Gas 259,521 (94.83%)
  • Diesel 8,101 (2.96%)
  • Hybrid 4,050 (1.48%)
  • Electric 1,387 (0.51%)
  • Plug-In Hybrid 607 (0.22%)

Economic Activity From Past Decade

  • 91.6M 91.6 Million Total Imports
  • 2.73B 2.73 Billion Total Imports

Economic Activity from 2018

  • 5.1M 5.1 Million Total Imports
  • 345.7M 345.7 Million 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.