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Autos Drive Tennessee Forward

Industry Impact

  • 212,639 212,639 Total Auto Jobs in State
  • 5.3% 5.3% of State Workforce
  • $13.74B $13.74 Billion Labor Income
  • $8.89B $8.89 Billion in Total 2018 Car Sales
  • 273,666 273,666 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

  • $1.63B $1.63 Billion in Total State Tax Revenue
  • 12% 12% of State Tax Revenue
  • $715M $715 Million in New Vehicle Sales Taxes
  • $385M $385 Million in Used Vehicle Sales Taxes
  • $149M $149 Million in Sales Taxes on Auto Parts and Services
  • $1.28B $1.28 Billion in Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
  • $155M $155 Million in Corporate Profits Tax
  • $11M $11 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

6,124,542 Registered Vehicles

By Body Style

  • Cars 2,584,747 (42.20%)
  • CUVs 1,023,273 (16.71%)
  • SUVs 759,611 (12.40%)
  • Pickups 1,433,425 (23.40%)
  • Vans/Minivans 323,486 (5.28%)

By Powertrain

  • Gas 5,890,501 (96.18%)
  • Diesel 164,902 (2.69%)
  • Hybrid 62,140 (1.01%)
  • Electric 3,978 (0.06%)
  • Plug-In Hybrid 3,021 (0.05%)
In Tennessee, the average age of vehicles is 12.7 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

273,666 Vehicles Sold

By Body Style

  • Cars 87,117 (31.83%)
  • CUVs 92,974 (33.97%)
  • SUVs 26,631 (9.73%)
  • Pickups 54,407 (19.88%)
  • Vans/Minivans 12,537 (4.58%)

By Powertrain

  • Gas 259,521 (94.83%)
  • Diesel 8,101 (2.96%)
  • Hybrid 4,050 (1.48%)
  • Electric 1,387 (0.51%)
  • Plug-In Hybrid 607 (0.22%)
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

  • $2.73 Billion Total Imports
  • $91.63 Million Total Exports

Economic Activity From 2018

  • $345.75 Million Total Imports
  • $5.09 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 3,936
  • Electric Charging Stations 384
  • Biodiesel Stations 8
  • Compressed Natural Gas Stations 13
  • Hydrogen Stations 0
  • Liquefied Natural Gas Stations 1
  • Liquefied Petroleum Gas Stations 69
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.

Tennessee Consumers

  • $32,496 $32,496 Average MSRP Per New Car
    National Average $31,696
  • $51,340 $51,340 Median Household Income
    National Average $56,516
  • $4,278 $4,278 Median Monthly Household Income
    National Average $4,710
  • $495 $495 Median Monthly New Car Payment
    National Average $576
  • 12% 12% Monthly Car Payment as a Percent of Monthly Income
    National Average 12%

Commuting to Work

  • Drive alone to work (83%)
  • Carpool to work (9%)
  • Take public transportation (1%)
  • Other (7%)
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 Tennessee

Ford Motor Company

Location Employees
Memphis Regional Office Cordova 31
Ford Credit Nashville Business Center Franklin 775
Memphis High Velocity Center Memphis 113

General Motors

Location Employees
Customer Care & Aftersales - Memphis Memphis 156
GM Assembly, Stamping and Powertrain- Spring Hill Spring Hill 2,925

Mercedes-Benz/Daimler

Location Employees
Memphis PDC Memphis 145
SelecTruck Center of Memphis Memphis 1
SelecTrucks - Mt. Pleasant Mt. Pleasant 2
SelecTrucks of Nashville Nashville 8

Nissan North America Inc

Location Employees
Franklin 2,000
Smyrna 8,400

Toyota

Location Employees
Toyota Financial Services District Sales and Service Office Franklin 12
Bodine Aluminum, Inc. Jackson 269

Volkswagen Group Of America

Location Employees
Chattanooga Assembly Plant Chattanooga 3,185
North American Engineering & Planning Center Chattanooga 67
Parts Distribution Center Lenoir City 0

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