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Autos Drive New Mexico Forward

Industry Impact

  • 17,040 17,040 Total Auto Jobs in State
  • 1.8% 1.8% of State Workforce
  • 9,839 9,839 Total Auto-Related Employers
  • $2.91B $2.91 Billion in Total 2016 Car Sales
  • 94,578 94,578 Total New Car Sales
Center For Automotive Research, “Contribution of the Automotive Industry,” published January 2015; Employer figures compiled by Auto Alliance with data provided by Dun & Bradstreet; Compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2016 - December 31, 2016.

Tax Revenue

  • $544.00M $544.00 Million in Total State Tax Revenue
  • 10% 10% of State Tax Revenue
  • $66M $66 Million in New Vehicle Sales Taxes
  • $36M $36 Million in Used Vehicle Sales Taxes
  • $23M $23 Million in Sales Taxes on Auto Parts and Services
  • $407.00M $407.00 Million in Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
  • $10M $10 Million in Auto Dealer Business Taxes and Estimated Dealer Title Fees
  • $0 $0 Income Taxes from Payments for Automakers, Suppliers and Dealers
Center For Automotive Research, “Assessment of Tax Revenue,” published January 2015

Registrations

1,835,791 Registered Vehicles

By Body Style

  • Cars 694,961 (37.86%)
  • SUVs/CUVs 451,362 (24.59%)
  • Pickups 550,618 (29.99%)
  • Vans/Minivans 86,482 (4.71%)

By Powertrain

  • Gas 1,712,730 (93.30%)
  • Diesel 98,299 (5.35%)
  • Hybrid 22,249 (1.21%)
  • Electric 579 (0.03%)
  • Plug-In Hybrid 676 (0.04%)
In New Mexico, the average age of vehicles is 12.6 years.
The national average age of vehicles is 11.2 years.
Figures compiled by Auto Alliance with data provided by IHS Markit as of December 31, 2016.

Sales

94,578 Vehicles Sold

By Body Style

  • Cars 35,167 (37.18%)
  • SUVs/CUVs 33,979 (35.93%)
  • Pickups 21,869 (23.12%)
  • Vans/Minivans 3,563 (3.77%)

By Powertrain

  • Gas 87,655 (92.68%)
  • Diesel 4,842 (5.12%)
  • Hybrid 1,818 (1.92%)
  • Electric 85 (0.09%)
  • Plug-In Hybrid 178 (0.19%)
Figures compiled by Auto Alliance with data provided by IHS Markit represent new vehicle registrations between January 1, 2016 - December 31, 2016.

Auto-Related Activity at Ports

Economic Activity From Past Decade

  • $40.69 Million Total Imports
  • $1.36 Billion Total Exports

Economic Activity From 2016

  • $23.38 Million Total Imports
  • $87.14 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, 2016 - December 31, 2016.

Fueling

  • Gasoline Stations 1,240
  • Electric Charging Stations 53
  • Biodiesel Stations 1
  • Compressed Natural Gas Stations 8
  • Hydrogen Stations 0
  • Liquefied Natural Gas Stations 1
  • Liquefied Petroleum Gas Stations 56
Compiled by Auto Alliance with data provided by U.S. Department of Energy’s Alternative Fuels Data Center, figures represent fueling stations as of 10/11/16.

New Mexico Consumers

  • $30,795 $30,795 Average MSRP Per New Car
    National Average $31,696
  • $45,382 $45,382 Median Household Income
    National Average $56,516
  • $3,782 $3,782 Median Monthly Household Income
    National Average $4,710
  • $560 $560 Median Monthly New Car Payment
    National Average $576
  • 15% 15% Monthly Car Payment as a Percent of Monthly Income
    National Average 12%

Commuting to Work

  • Drive alone to work (85%)
  • Carpool to work (9%)
  • Take public transportation (1%)
  • Other (4%)
Figures compiled by Auto Alliance with data provided by IHS Markit, U.S. Census Bureau's American Community Survey 2015 and Federal Reserve BAnk of St. Louis. Median Monthly New Car Payment computed for a 48-month loan based on MSRP with 20% down and an APR of 4.35%.

New Mexico Automaker Facilities

84 Facilities
548 Employees
Compiled From Company Reports

Industry-Related Businesses

Business Facilities Employees
Motor Vehicles and Equipment 84 548
Suppliers, Parts and Tires 641 4,155
Motor Vehicle Dealers (New and Used) 692 12,622
Motor Vehicle Dealers (Used Only) 773 2,547
Auto Supply Stores 922 5,510
Gas Stations 1,240 12,714
Dealers (Special) 177 531
Property and Casualty Insurance 13 82
Car and Truck Rentals 424 2,576
Parking 34 295
Automotive Repair Shops 3,799 12,330
Carwashes And Other Service 1,040 3,902
Facility and employee figures compiled by Auto Alliance with data provided by Dun & Bradstreet.

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