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Autos Drive North Carolina Forward

Industry Impact

  • 198,151 198,151 Total Auto Jobs in State
  • 3.4% 3.4% of State Workforce
  • $10.42B $10.42 Billion Labor Income
  • $14.97B $14.97 Billion in Total 2018 Car Sales
  • 462,028 462,028 Total New Car Sales
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2017 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

  • $1.16B $1.16 Billion in Total State Tax Revenue
  • 4% 4% of State Tax Revenue
  • $485M $485 Million in New Vehicle Sales Taxes
  • $261M $261 Million in Used Vehicle Sales Taxes
  • $160M $160 Million in Sales Taxes on Auto Parts and Services
  • $2.88B $2.88 Billion in Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
  • $18M $18 Million in Corporate Profits Tax
  • $278M $278 Million State Income Taxes
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2017 data year.

Registrations

8,924,646 Registered Vehicles

By Body Style

  • Cars 3,906,446 (43.77%)
  • CUVs 1,584,586 (17.76%)
  • SUVs 1,012,128 (11.34%)
  • Pickups 1,869,761 (20.95%)
  • Vans/Minivans 551,725 (6.18%)

By Powertrain

  • Gas 8,542,181 (95.71%)
  • Diesel 241,897 (2.71%)
  • Hybrid 126,457 (1.42%)
  • Electric 7,320 (0.08%)
  • Plug-In Hybrid 6,791 (0.08%)
In North Carolina, the average age of vehicles is 12.0 years.
The national average age of vehicles is 11.6 years.
Figures compiled by Auto Alliance with data provided by IHS Markit as of December 31, 2018.

New Purchases

462,028 Vehicles Sold

By Body Style

  • Cars 153,736 (33.27%)
  • CUVs 162,982 (35.28%)
  • SUVs 42,464 (9.19%)
  • Pickups 80,633 (17.45%)
  • Vans/Minivans 22,213 (4.81%)

By Powertrain

  • Gas 436,697 (94.52%)
  • Diesel 12,650 (2.74%)
  • Hybrid 7,969 (1.72%)
  • Electric 3,293 (0.71%)
  • Plug-In Hybrid 1,419 (0.31%)
Figures compiled by Auto Alliance with data provided by IHS Markit as of December 31, 2018.

Auto-Related Activity at Ports

Economic Activity From Past Decade

  • $1.74 Billion Total Imports
  • $1.32 Billion Total Exports

Economic Activity From 2018

  • $167.42 Million Total Imports
  • $363.70 Million Total Exports
Compiled by Auto Alliance 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 4,017
  • Electric Charging Stations 581
  • Biodiesel Stations 4
  • Compressed Natural Gas Stations 26
  • Hydrogen Stations 0
  • Liquefied Natural Gas Stations 1
  • Liquefied Petroleum Gas Stations 81
Compiled by Auto Alliance with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling stations as of April 9, 2019.

North Carolina Consumers

  • $32,405 $32,405 Average MSRP Per New Car
    National Average $31,696
  • $52,752 $52,752 Median Household Income
    National Average $56,516
  • $4,396 $4,396 Median Monthly Household Income
    National Average $4,710
  • $494 $494 Median Monthly New Car Payment
    National Average $576
  • 11% 11% Monthly Car Payment as a Percent of Monthly Income
    National Average 12%

Commuting to Work

  • Drive alone to work (81%)
  • Carpool to work (9%)
  • Take public transportation (1%)
  • Other (9%)
Figures compiled by Auto Alliance 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 Facilities In North Carolina

Ford Motor Company

LocationEmployees
Charlotte Regional OfficeCharlotte 20
Greensboro High Velocity CenterMebane 24

General Motors

LocationEmployees
Customer Care & Aftersales - CharlotteCharlotte 121
Charlotte OnStar Call CenterCharlotte 600
GM Financial Collection Center - HuntersvilleHuntersville 255
GM Financial Branch Office - RaleighRaleigh 71

Honda Manufacturing

LocationEmployees
Haw River 0

Mercedes-Benz/Daimler

LocationEmployees
SelecTrucks Amer - CharlotteCharlotte 7
Cleveland Truck ManufacturingCleveland 1,424
Cleveland Pre-Delivery CenterCleveland 81
Gastonia Parts ManufacturingGastonia 844
Thomas Built Buses - High PointHigh Point 1,823
Mt. Holly Truck ManufacturingMount Holly 779
Mt. Holly Pre-Delivery CenterMt. Holly 55

Toyota

LocationEmployees
Toyota Racing DevelopmentSalisbury 49

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