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Autos Drive Rhode Island Forward

Industry Impact

  • 17,182 17,182 Total Auto Jobs in State
  • 2.7% 2.7% of State Workforce
  • $941.50M $941.50 Million Labor Income
  • $1.55B $1.55 Billion in Total 2018 Car Sales
  • 49,166 49,166 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

  • $110.10M $110.10 Million in Total State Tax Revenue
  • 3% 3% of State Tax Revenue
  • $121M $121 Million in New Vehicle Sales Taxes
  • $65M $65 Million in Used Vehicle Sales Taxes
  • $25M $25 Million in Sales Taxes on Auto Parts and Services
  • $122.37M $122.37 Million in Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
  • $3M $3 Million in Corporate Profits Tax
  • $18M $18 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

859,116 Registered Vehicles

By Body Style

  • Cars 426,260 (49.62%)
  • CUVs 203,014 (23.63%)
  • SUVs 73,710 (8.58%)
  • Pickups 107,404 (12.50%)
  • Vans/Minivans 48,728 (5.67%)

By Powertrain

  • Gas 831,733 (96.81%)
  • Diesel 13,187 (1.53%)
  • Hybrid 12,458 (1.45%)
  • Electric 599 (0.07%)
  • Plug-In Hybrid 1,139 (0.13%)
In Rhode Island, the average age of vehicles is 10.9 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

49,166 Vehicles Sold

By Body Style

  • Cars 15,069 (30.65%)
  • CUVs 22,308 (45.37%)
  • SUVs 3,751 (7.63%)
  • Pickups 6,492 (13.20%)
  • Vans/Minivans 1,546 (3.14%)

By Powertrain

  • Gas 47,203 (96.01%)
  • Diesel 585 (1.19%)
  • Hybrid 759 (1.54%)
  • Electric 276 (0.56%)
  • Plug-In Hybrid 343 (0.70%)
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

  • $51.44 Billion Total Imports
  • $608.85 Million Total Exports

Economic Activity From 2018

  • $6.86 Billion Total Imports
  • $59.31 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 635
  • Electric Charging Stations 85
  • Biodiesel Stations 2
  • Compressed Natural Gas Stations 1
  • Hydrogen Stations 0
  • Liquefied Natural Gas Stations 0
  • Liquefied Petroleum Gas Stations 6
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.

Rhode Island Consumers

  • $31,573 $31,573 Average MSRP Per New Car
    National Average $31,696
  • $63,870 $63,870 Median Household Income
    National Average $56,516
  • $5,323 $5,323 Median Monthly Household Income
    National Average $4,710
  • $481 $481 Median Monthly New Car Payment
    National Average $576
  • 9% 9% Monthly Car Payment as a Percent of Monthly Income
    National Average 12%

Commuting to Work

  • Drive alone to work (79%)
  • Carpool to work (9%)
  • Take public transportation (2%)
  • 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 Rhode Island

Porsche

LocationEmployees
PCNA - Porsche Distribution Center (RI) - PORTNorth Kingstown 0

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