Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
123,526
123,526 Total Auto Jobs in Virginia
2.34%
2.34% is dependent on the Auto Industry for Jobs.
$6.95B
Total Labor Income Annually
$12.22B
Total Car Sales in 2018
383K
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
$655.5M
Total State Tax revenue
2.8%
Percent of State Tax Revenue
$544.2M
New Vehicle Sales Taxes
$308.6M
Used Vehicle Sales Taxes
$125.1M
Sales Tax on Auto Parts and Services
$1.57B
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$10M
Corporate Profits Tax
$108.1M
State Income Taxes
Registrations
7,532,673
Registered
By Body Style
By Powertrain
The Virginia average age of vehicles is 12.1 years.
Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.New Purchases
382,955
Vehicles Sold
By Body Style
By Powertrain
$20.36B
$20.36 Billion Total Imports$9.14B
$9.14 Billion Total Exports$2.05B
$2.05 Billion Total Imports$718.9M
$718.9 Million Total ExportsGasoline Stations 3603
Electric Charging Stations 573
Biodiesel Stations 1
Compressed Natural Gas Stations 6
Hydrogen Stations 0
Liquefied Natural Gas Stations 2
Liquefied Petroleum Gas Stations 71
$31,921
$31,921 Average MSRP Per New Car
$71,535
$71,535 Median Household Income
$5,961
$5,961 Median Monthly Household Income
$486
$486 Median Monthly New Car Payment
8.15%
8.15% Monthly Car Payment As A Percent Of Monthly Income (%)
Commuting to Work
Automakers' Facilities
Ford Motor Company |
Location | Employees | |
|---|---|---|---|
| Washington Regional Office | Chantilly | 24 | |
| Washington DC High Velocity Center | Winchester | 43 |
Mazda |
Location | Employees | |
|---|---|---|---|
| Mazda Training Center | Colonial Heights | 22 |
Stellantis |
Location | Employees | |
|---|---|---|---|
| Winchester Parts Distribution Center | Winchester |
Volkswagen Group of America |
Location | Employees | |
|---|---|---|---|
| Volkswagen Group Headquarters Herndon | Herndon | 799 | |
| Volkswagen Group Headquarters Reston | Reston | 151 |
©2020 Alliance for Automotive Innovation
©2020 Alliance for Automotive Innovation