Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
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- All
- Industry Impact
- Tax Revenue
- Registrations
- New Purchases
- Activity at Ports
- Fueling
- Consumers
- Automaker Facilities
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State Facts
Autos Drive Virginia Forward
Industry Impact
160.5K
160.5 Thousand total auto jobs in Virginia
3.10%
3.10% depend on the auto industry for jobs
$10.66B
Total Labor Income Annually
$26.95B
Total Car Sales in 2022
301.2K
Total New Cars Sold in 2022
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2021 data year; compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2022 - December 31, 2022.
Tax Revenue
$1.48B
total state tax revenue
4.58%
% of state tax revenue
$600.17M
new vehicle sales taxes
$323.89M
used vehicle sales taxes
$132.24M
sales tax on auto parts and services
$2.01B
vehicle use taxes (including gas taxes), licenses and fees
$24.99M
corporate profits tax
$264.51M
federal income taxes
Registrations
7.58M
Registered
By Body Style
- Cars 2,846,681 (37.57%)
- UVs 2,738,322 (36.14%)
- Pickups 1,395,442 (18.42%)
- Vans/Minivans 453,878 (5.99%)
By Powertrain
- ICE / Hybrid 7,511,321 (99.13%)
- Electric 46,417 (0.61%)
- Plug-In Hybrid 19,756 (0.26%)
- Fuel Cell 1 (0%)
The Virginia average age of vehicles is 12.8 years; The national average is 12.2.
Figures compiled by Powerbase Associates with data provided by S&P Global Mobility as of December 31, 2022.
New Purchases
301.2K
Vehicles Sold
By Body Style
- Cars 67,183 (22.3%)
- UVs 173,876 (57.72%)
- Pickups 44,671 (14.83%)
- Vans/Minivans 15,486 (5.14%)
By Powertrain
- ICE / Hybrid 278,699 (92.52%)
- Electric 17,873 (5.93%)
- Plug-In Hybrid 4,644 (1.54%)
- Fuel Cell 0 (0%)
Auto-related Activity at Ports
Economic Activity From Past Decade
- 10.69B 10.69 Billion Total Exports
- 21.42B 21.42 Billion Total Imports
Economic Activity from 2022
- 1.13B 1.13 Billion Total Exports
- 2.69B 2.69 Billion Total Imports
Compiled by Powerbase Associates with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2022 - December 31, 2022.
Fueling
- Gasoline Stations 3,983
- EV Level 2 Charging Ports 1921
- EV Level 2 Charging Stations 805
- EV DC Fast Charging Ports 362
- EV DC Fast Charging Stations 138
Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling data as of January 1, 2023.
Consumers
$81K
Median Household Income
78.60%
Owner Occupied Housing
21.40%
Rental Occupied Housing
89.00%
Owner Occupied Single Family Homes
Commuting to Work
- Drive Alone to Work (65.60%)
- Carpool to Work (7.05%)
- Take Public Transportation (1.48%)
- Work From Home (22.29%)
- Other (3.59%)
Housing Type
- Single Family Home (75.40%)
- 1-Unit (10.40%)
- 2-4 Units (2%)
- 5-9 Units (2.40%)
- 10-19 Units (3.10%)
- 20+ Units (3%)
- Mobile / RV / Boat (3.70%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.
Automaker’s Facilities
Ford Motor Company | Location | Employees |
---|---|---|
Washington Regional Office | Chantilly, VA | 24 |
Washington DC High Velocity Center | Winchester, VA | 43 |
Mazda | Location | Employees |
---|---|---|
Mazda Training Center | Colonial Heights, VA | 22 |
Stellantis | Location | Employees |
---|---|---|
Winchester Parts Distribution Center | Winchester, VA | 60 |
Volkswagen Group of America | Location | Employees |
---|---|---|
Volkswagen Group Headquarters Herndon | Herndon, VA | 799 |
Volkswagen Group Headquarters Reston | Reston, VA | 151 |