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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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State Facts

Autos Drive Utah Forward

Industry Impact

51.5K
51.5 Thousand total auto jobs in Utah
2.52%
2.52% depend on the auto industry for jobs
$2.9B
Total Labor Income Annually
$4.9B
Total Car Sales in 2018
143.5K
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

$386.9M
total state tax revenue
4.10%
% of state tax revenue
$227.5M
new vehicle sales taxes
$129M
used vehicle sales taxes
$50.5M
sales tax on auto parts and services
$799.1M
vehicle use taxes (including gas taxes), licenses and fees
$3.9M
corporate profits tax
$45.2M
state income taxes

Registrations

2.7M
Registered

By Body Style

  • Cars 1,118,346 (41.8%)
  • CUVs 443,693 (16.58%)
  • SUVs 335,956 (12.56%)
  • Pickups 613,059 (22.92%)
  • Vans/Minivans 164,285 (6.14%)

By Powertrain

  • Gas 2,455,019 (91.76%)
  • Diesel 170,535 (6.37%)
  • Hybrid 41,013 (1.53%)
  • Electric 5,218 (0.2%)
  • Plug-In Hybrid 3,554 (0.13%)
The Utah average age of vehicles is 12.12 years.

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

New Purchases

143.5K
Vehicles Sold

By Body Style

  • Cars 35,663 (24.86%)
  • CUVs 45,575 (31.77%)
  • SUVs 14,921 (10.4%)
  • Pickups 39,980 (27.87%)
  • Vans/Minivans 7,320 (5.1%)

By Powertrain

  • Gas 121,139 (84.44%)
  • Diesel 17,095 (11.92%)
  • Hybrid 2,930 (2.04%)
  • Electric 1,627 (1.13%)
  • Plug-In Hybrid 668 (0.47%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 1.6M 1.6 Million Total Imports
  • 9.2M 9.2 Million Total Imports

Economic Activity from 2018

  • 425K 425 Thousand Total Imports
  • 2.5M 2.5 Million 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 1254
  • Electric Charging Stations 209
  • Biodiesel Stations 1
  • Compressed Natural Gas Stations 34
  • Liquefied Petroleum Gas Stations 40

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
$33.9K
Average MSRP Per New Car
$68.4K
Median Household Income
$5.7K
Median Monthly Household Income
$516.71
Median Monthly New Car Payment
9.07%
Car Payment As Percent Of Monthly Income

Commuting to Work

  • Drive Alone to Work (76%)
  • Carpool to Work (10%)
  • Take Public Transportation (2%)
  • Other (10%)

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

BMW Group Location Employees
BMW Bank of North America Salt Lake City UT 31