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 Vermont Forward

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14,841
14,841 Total Auto Jobs in Vermont
3.4%
3.4% is dependent on the Auto Industry for Jobs.
$795.8M
Total Labor Income Annually
$1.34B
Total Car Sales in 2018
42.9K
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

$163.1M
Total State Tax revenue
5.0%
Percent of State Tax Revenue
$87.4M
New Vehicle Sales Taxes
$49.6M
Used Vehicle Sales Taxes
$19.4M
Sales Tax on Auto Parts and Services
$167.9M
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$1.7M
Corporate Profits Tax
$16.5M
State Income Taxes

Registrations

564,886

Registered

By Body Style

  • Cars 213,381 (37.77%)
  • CUVs 151,492 (26.82%)
  • SUVs 40,786 (7.22%)
  • Pickups 132,907 (23.53%)
  • Vans/Minivans 26,320 (4.66%)

By Powertrain

  • Gas 531,583 (94.1%)
  • Diesel 17,984 (3.18%)
  • Hybrid 12,393 (2.19%)
  • Electric 1,057 (0.19%)
  • Plug-In Hybrid 1,869 (0.33%)

The Vermont average age of vehicles is 9.65 years.

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

New Purchases

42,913

Vehicles Sold

By Body Style

  • Cars 8,967 (20.9%)
  • CUVs 18,920 (44.09%)
  • SUVs 2,470 (5.76%)
  • Pickups 11,330 (26.4%)
  • Vans/Minivans 1,226 (2.86%)

By Powertrain

  • Gas 40,019 (93.26%)
  • Diesel 1,194 (2.78%)
  • Hybrid 876 (2.04%)
  • Electric 355 (0.83%)
  • Plug-In Hybrid 469 (1.09%)

Economic Activity From Past Decade

  • 253.2M 253.2 Million Total Imports
  • 561.8M 561.8 Million Total Imports

Economic Activity from 2018

  • 18.3M 18.3 Million Total Imports
  • 79M 79 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.