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Autos Drive Vermont Forward

Industry Impact

  • 8,644 8,644 Total Auto Jobs in State
  • 2.5% 2.5% of State Workforce
  • 3,620 3,620 Total Auto-Related Employers
  • $1.31B $1.31 Billion in Total 2016 Car Sales
  • 42,697 42,697 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

  • $297.00M $297.00 Million in Total State Tax Revenue
  • 10% 10% of State Tax Revenue
  • $62M $62 Million in New Vehicle Sales Taxes
  • $34M $34 Million in Used Vehicle Sales Taxes
  • $13M $13 Million in Sales Taxes on Auto Parts and Services
  • $184.00M $184.00 Million in Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
  • $3M $3 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

566,467 Registered Vehicles

By Body Style

  • Cars 226,379 (39.96%)
  • SUVs/CUVs 171,597 (30.29%)
  • Pickups 131,690 (23.25%)
  • Vans/Minivans 28,461 (5.02%)

By Powertrain

  • Gas 533,817 (94.24%)
  • Diesel 19,615 (3.46%)
  • Hybrid 11,394 (2.01%)
  • Electric 387 (0.07%)
  • Plug-In Hybrid 1,098 (0.19%)
In Vermont, the average age of vehicles is 9.5 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

42,697 Vehicles Sold

By Body Style

  • Cars 11,755 (27.53%)
  • SUVs/CUVs 18,560 (43.47%)
  • Pickups 10,845 (25.40%)
  • Vans/Minivans 1,537 (3.60%)

By Powertrain

  • Gas 39,957 (93.58%)
  • Diesel 1,187 (2.78%)
  • Hybrid 1,056 (2.47%)
  • Electric 81 (0.19%)
  • Plug-In Hybrid 415 (0.97%)
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

  • $602.87 Million Total Imports
  • $325.19 Million Total Exports

Economic Activity From 2016

  • $68.49 Million Total Imports
  • $17.21 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 461
  • Electric Charging Stations 155
  • Biodiesel Stations 3
  • Compressed Natural Gas Stations 1
  • Hydrogen Stations 0
  • Liquefied Natural Gas Stations 0
  • Liquefied Petroleum Gas Stations 2
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.

Vermont Consumers

  • $30,627 $30,627 Average MSRP Per New Car
    National Average $31,696
  • $56,990 $56,990 Median Household Income
    National Average $56,516
  • $4,749 $4,749 Median Monthly Household Income
    National Average $4,710
  • $557 $557 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 (82%)
  • Carpool to work (9%)
  • Take public transportation (1%)
  • Other (8%)
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%.

Vermont Automaker Facilities

27 Facilities
657 Employees
Compiled From Company Reports

Industry-Related Businesses

Business Facilities Employees
Motor Vehicles and Equipment 27 657
Suppliers, Parts and Tires 249 1,553
Motor Vehicle Dealers (New and Used) 284 4,261
Motor Vehicle Dealers (Used Only) 223 701
Auto Supply Stores 249 1,359
Gas Stations 461 2,455
Dealers (Special) 72 314
Property and Casualty Insurance 5 13
Car and Truck Rentals 204 885
Parking 12 40
Automotive Repair Shops 1,568 4,083
Carwashes And Other Service 266 759
Facility and employee figures compiled by Auto Alliance with data provided by Dun & Bradstreet.

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