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Autos Drive New Jersey Forward

Industry Impact

  • 148,546 148,546 Total Auto Jobs in State
  • 2.7% 2.7% of State Workforce
  • $9.81B $9.81 Billion Labor Income
  • $19.56B $19.56 Billion in Total 2018 Car Sales
  • 581,215 581,215 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

  • $1.04B $1.04 Billion in Total State Tax Revenue
  • 3% 3% of State Tax Revenue
  • $1B $1 Billion in New Vehicle Sales Taxes
  • $760M $760 Million in Used Vehicle Sales Taxes
  • $283M $283 Million in Sales Taxes on Auto Parts and Services
  • $1.26B $1.26 Billion in Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
  • $46M $46 Million in Corporate Profits Tax
  • $202M $202 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

7,243,886 Registered Vehicles

By Body Style

  • Cars 3,463,379 (47.81%)
  • CUVs 1,812,960 (25.03%)
  • SUVs 749,150 (10.34%)
  • Pickups 677,428 (9.35%)
  • Vans/Minivans 540,969 (7.47%)

By Powertrain

  • Gas 7,018,610 (96.89%)
  • Diesel 112,151 (1.55%)
  • Hybrid 89,902 (1.24%)
  • Electric 12,106 (0.17%)
  • Plug-In Hybrid 11,117 (0.15%)
In New Jersey, the average age of vehicles is 10.1 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

581,215 Vehicles Sold

By Body Style

  • Cars 195,126 (33.57%)
  • CUVs 259,298 (44.61%)
  • SUVs 55,507 (9.55%)
  • Pickups 45,508 (7.83%)
  • Vans/Minivans 25,776 (4.43%)

By Powertrain

  • Gas 559,181 (96.21%)
  • Diesel 5,248 (0.90%)
  • Hybrid 7,556 (1.30%)
  • Electric 5,651 (0.97%)
  • Plug-In Hybrid 3,579 (0.62%)
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

  • $128.10 Billion Total Imports
  • $15.11 Billion Total Exports

Economic Activity From 2018

  • $14.67 Billion Total Imports
  • $1.65 Billion 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 5,458
  • Electric Charging Stations 288
  • Biodiesel Stations 1
  • Compressed Natural Gas Stations 15
  • Hydrogen Stations 0
  • Liquefied Natural Gas Stations 0
  • Liquefied Petroleum Gas Stations 16
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.

New Jersey Consumers

  • $33,651 $33,651 Average MSRP Per New Car
    National Average $31,696
  • $80,088 $80,088 Median Household Income
    National Average $56,516
  • $6,674 $6,674 Median Monthly Household Income
    National Average $4,710
  • $512 $512 Median Monthly New Car Payment
    National Average $576
  • 8% 8% Monthly Car Payment as a Percent of Monthly Income
    National Average 12%

Commuting to Work

  • Drive alone to work (71%)
  • Carpool to work (8%)
  • Take public transportation (12%)
  • 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 New Jersey

BMW of North America, LLC

LocationEmployees
Vehicle Distribution CenterJersey City 90
North American Corporate Headquarters, Egineering Center and TrainingWoodcliff Lake 974

Ferrari North America Inc.

LocationEmployees
Englewood Cliffs 80

Ford Motor Company

LocationEmployees
New York High Velocity CenterCranbury 74
New York Regional OfficeMahwah 66
Philadelphia Regional OfficeMount Laurel 17

General Motors

LocationEmployees
GM Financial Branch Office - ParamusParamus 75

Jaguar Land Rover

LocationEmployees
Jaguar Land Rover North America, LLC HeadquartersMahwah 270

Maserati of North America Inc

LocationEmployees
Englewood Cliffs 65

Mazda

LocationEmployees
Northeast RegionBridgewater 44
Somerset Training CenterSomerset 2

Mercedes-Benz/Daimler

LocationEmployees
Mitsubishi Fuso Truck of America, Inc. USALogan Township 75
Daimler North America CorporationMontvale 13
Bridgeport PDCSwedesboro 80

Mitsubishi Motors North America, Inc.

LocationEmployees
Swedesboro 64

Subaru of America, Inc.

LocationEmployees
Cherry Hill 500

Toyota

LocationEmployees
PortNewark 142
Lexus Division Area Office - EasternParsippany 52
Toyota Financial Services District Sales and Service OfficeParsippany 18
Toyota Financial Services Eastern Regional OfficeParsippany 20
Toyota Motor Sales U.S.A., Inc. Parts Distribution CenterWest Caldwell 183
Toyota Motor Sales U.S.A., Inc. Regional OfficeWest Caldwell 3

Volkswagen Group Of America

LocationEmployees
EEO, Audi Test FleetAllendale 14
Parts/Region Distribution CenterCranbury 66
VW/Audi/VCI Eastern RegionWoodcliff Lake 46

Volvo Car USA

LocationEmployees
Distribution CenterPassaic 40
Volvo Cars of North America HeadquartersRockleigh 498
Volvo Cars Financial ServicesRockleigh 21

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