INDUSTRY IMPACT TAX REVENUE. $21 Million Income Taxes from Payments for Automakers, Suppliers and Dealers REGISTRATIONS. SUVs/CUVs 1,532,494

Similar documents
INDUSTRY IMPACT TAX REVENUE. $353 Million Income Taxes from Payments for Automakers, Suppliers and Dealers REGISTRATIONS

STATE ECONOMIC IMPACT STUDY

STATE ECONOMIC IMPACT

ANNUAL FINANCIAL PROFILE OF AMERICA S FRANCHISED NEW-CAR DEALERSHIPS

ANNUAL AUTOMOTIVE INDUSTRY REPORT Cars and the Economy: A Michigan and National Perspective

Outlook for Franchised New Car Dealers

Automotive Outlook: Long Term Impacts on U.S. Auto Sales. Kim Hill Research Director. September 29, 2014

ANNUAL FINANCIAL PROFILE OF AMERICA S FRANCHISED NEW-CAR DEALERSHIPS

The Economic Impact of Franchised New Vehicle Dealers on the Colorado Economy

The Economic Contributions of the Japanese-Brand Automotive Industry to the Canadian. Economy,

Ford s E-Business Strategy

ANNUAL FINANCIAL PROFILE OF AMERICA S FRANCHISED NEW-CAR DEALERSHIPS

National Economic Estimating Conference Held July 12, 2018 FINAL Long-Run Tables

MARKET UPDATE & ECONOMIC OUTLOOK

Wholesale Market Insights Through March J o n a t h a n S m o k e & Zo R a h i m - C o x A u t o m o t i v e

AUTO INDUSTRY CHARTBOOK 1Q 2018

Company. Jonathan Smoke Remarketing Big Picture 2017 and Beyond

FUEL ECONOMY STANDARDS:

STATISTICAL TABLES RELATING TO INCOME, EMPLOYMENT, AND PRODUCTION

FOR IMMEDIATE RELEASE

How Old Cars And New Solutions Will Impact Our Industry

Automotive financial services in Germany Motor Finance Summit Europe

Facts and Figures. October 2006 List Release Special Edition BWC National Benefits and Related Facts October, 2006 (Previous Versions Obsolete)

Appendix B STATISTICAL TABLES RELATING TO INCOME, EMPLOYMENT, AND PRODUCTION

TAX CHANGES FOR 2017* FEDERAL CALIFORNIA FLORIDA

ACWA Annual Conference 2013 July 25 th Mount Bachelor Village Resort, Bend Oregon

Clean Car Roll-back. Estimated costs for American families if U.S. climate pollution and fuel economy standards are relaxed.

DOWNSTREAM PETROLEUM 2017 DOWNSTREAM PETROLEUM

2011 Economic Impact Report

FOR IMMEDIATE RELEASE

NEW-VEHICLE MARKET SHARES OF CARS VERSUS LIGHT TRUCKS IN THE U.S.: RECENT TRENDS AND FUTURE OUTLOOK

Your Driving Costs. How much are you really paying to drive? Behind the Numbers

ANNUAL FINANCIAL PROFILE OF AMERICA S FRANCHISED NEW-TRUCK DEALERSHIPS

Toyota. Stephen Stacey - General Manager Arjan Dijkhuizen - Senior Engineer. Government & Technical Affairs Toyota Motor Europe TOYOTA MOTOR EUROPE

Drive Market Share Gains - Automotive Industry Insights: Q4, 2010

Sale Notice 2016 Jeep Cherokee Latitude 4WD 2.4L P.O. Box Oklahoma City, OK 73154

The State of Alaska s Refining Industry

Copyright 2016 Used Car University, all rights reserved

NAT GAS Acts S 1408 vs. HR 1835 Side by Side

Self-Serve Survey BENCHMARKING. SURVEY REPORT Tokens Offered 37% 63% Additional services offered

TrueSavings -- Great Savings on Six Orange Cars This Halloween

TABLE OF CONTENTS 0.0 EXECUTIVE SUMMARY INTRODUCTION... 3 What is this report about?... 3

Investment Opportunity

of all cars and trucks produced in the country Dealership Annual Sales and ranks sixth in total light vehicle production

210 Index. diesel fuel Brazil, 73 Mexico, 99, 108 Thailand, 171, , 183n5 Turkey, 54 7 see also fuel prices

ANNUAL FINANCIAL PROFILE OF AMERICA S FRANCHISED NEW-CAR DEALERSHIPS

ORAL TESTIMONY OF PETER K. WELCH, PRESIDENT NATIONAL AUTOMOBILE DEALERS ASSOCIATION. before the. U.S. Department of Commerce.

Report on Toyota North America

Vehicle Finance Essential Math 12 Mr. Morin

Trends in Iowa Ethanol Blends Sales: E10, E15, E20, and E85 and the Biofuel Distribution Percentage

May 2018 Short-Term Energy Outlook

INNOVATIONS IN SOLAR AND ENERGY RETROFITS

Federated States of Micronesia

The Future is Bright! So how do we get there? Council of State Governments West Annual Meeting August 18, 2017

TAX CHANGES FOR 2019* DELAWARE FLORIDA

Perspectives on the Auto Industry

Tony Roma s (Closed) Fully Equipped Restaurant Building

WASHINGTON STATE ROAD USAGE CHARGE ASSESSMENT

CONTRIBUTION OF THE BIODIESEL INDUSTRY TO THE ECONOMY OF THE UNITED STATES

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C FORM 8-K

AUTOMOTIVE OUTLOOK. Global economy a two-speed recovery

STATE-OF-THE-INDUSTRY REPORT

Federal And New York Tax Incentives For Alternative Fuels

Electric Vehicles and EV Infrastructure Municipal Electric Power Association

Clean Car Roll-back. Estimated costs for American families if U.S. climate pollution and fuel economy standards are relaxed.

The North American Automobile Industry

Succeeding In Mexico s Automotive Industry

About this special section

DRIVING TOWARDS A CLEANER FUTURE

FOR IMMEDIATE RELEASE

TrueSavings: January 7-20, Start 2015 with Great Savings on 2015 Models

FOR IMMEDIATE RELEASE

2018 Automotive Fuel Economy Survey Report

Florida Economic Estimating Conference Held January 16, 2018 Long-Run Tables

FOR IMMEDIATE RELEASE

201 SOUTH MARY STREET Sunnyvale, CA

MotorFacts. statistics relating to the Australian retail motor trades. Motor Trades Association of Australia

EMBARGOED UNTIL RELEASE AT 8:30 A.M. EST, WEDNESDAY, JANUARY 31, 2007 GROSS DOMESTIC PRODUCT: FOURTH QUARTER 2006 (ADVANCE)

Table 1 ANTIGUA AND BARBUDA: MAIN ECONOMIC INDICATORS

Aftermarket Trends: What will Drive Future Aftermarket Repair Opportunities in North America?

TRANSFORMING TRANSPORTATION

Robertson County. 3 utilities: Blue Grass Energy Cooperative Fleming-Mason Energy Cooperative Kentucky Utilities DID YOU KNOW?

Executive Summary. Light-Duty Automotive Technology and Fuel Economy Trends: 1975 through EPA420-S and Air Quality July 2006

Automotive Repair Technician

OLYMPIC GATEWAY PLAZA

workplace charging an employer s guide

Colorado Legislative Council Staff Fiscal Note STATE REVISED FISCAL IMPACT (replaces fiscal note dated March 21, 2013)

NRG evgo. Arun Banskota President NRG evgo

PT Astra International Tbk 2011 Full Year Financial Statements

ENERGY SLIDESHOW. Federal Reserve Bank of Dallas

Why 100 Hydrogen Stations

Wholesale Market Insights Through June J o n a t h a n S m o k e & Zo R a h i m - C o x A u t o m o t i v e

New Energy Activity. Background:

Cedarpines Park Mutual Water Company

Gold Saskatchewan Provincial Economic Accounts. January 2018 Edition. Saskatchewan Bureau of Statistics Ministry of Finance

VEHICLE SALES AND RECESSIONS

Arkansas State Highway and Transportation Department. Rotary Club of Stuttgart Tuesday, April 7, 2015

Investigation Nos: 332-TA-542 and 332-TA-544

California Feebate: Revenue Neutral Approach to Support Transition Towards More Energy Efficient Vehicles

CARZONE MOTORING REPORT

Transcription:

Autos drive Arizona forward. INDUSTRY IMPACT 68,21 Total Auto Jobs in State 2.2% of State Workforce $11.92 Billion in Total 217 Car Sales 375,331 Total New Car Sales 27,755 Total Auto-Related Employers TAX REVENUE $2.6 Billion in Total State Tax Revenue 15% of State Tax Revenue $564 Million in New Vehicle Sales Taxes $39 Million in Used Vehicle Sales Taxes $135 Million in Sales Taxes on Auto Parts and Services $1.1 Billion in Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees $28 Million in Auto Dealer Business Taxes and Estimated Dealer Title Fees $21 Million Income Taxes from Payments for Automakers, Suppliers and Dealers REGISTRATIONS 5,969,431 Cars 2,623,5 (43.94%) Gas 5,648,55 (94.62%) SUVs/CUVs 1,532,494 (25.67%) Diesel 183,449 (3.7%) Pickups 1,225,898 (2.54%) Hybrid 95,374 (1.6%) (6.65%) Electric 7,64 (.13%) Plug-In Hybrid 6,297 (.11%) Vans/Minivans 417,32 In Arizona, the average age of vehicles is 11.8 years. The national average age of vehicles is 11.2 years.

SALES 375,331 Cars 129,461 (34.49%) Gas 354,169 (94.36%) SUVs/CUVs 136,437 (36.35%) Diesel 1,276 (2.74%) Pickups 66,591 (17.74%) Hybrid 7,895 (2.1%) (8.89%) Electric 1,846 (.49%) Plug-In Hybrid 1,142 (.3%) Vans/Minivans 33,363 AUTO-RELATED ACTIVITY AT PORTS 217 $51.42 Billion $1.64 Billion $4.29 Billion $94.11 Million FUELING 2,49 Gasoline Stations Hydrogen Stations 396 Electric Charging Stations 3 Liquefied Natural Gas Stations 3 Biodiesel Stations 87 Liquefied Petroleum Gas Stations 12 Compressed Natural Gas Stations ARIZONA CONSUMERS $31,772 Average MSRP Per New Car National Average $31,696 $4,463 Median Monthly Household Income National Average $4,71 13% Monthly Car Payment as a Percent of Monthly Income National Average 12% $53,558 Median Household Income National Average $56,516 $581 Median Monthly New Car Payment National Average $576 Drive alone to work (77%) Carpool to work (11%) Take public transportation Other (2%) (11%)

ARIZONA AUTOMAKER FACILITIES 381 1,6 INDUSTRY-RELATED BUSINESSES Motor Vehicles and Equipment 381 1,6 Suppliers, Parts and Tires 2,7 14,831 Motor Vehicle Dealers (New and Used) 1,87 37,962 Motor Vehicle Dealers (Used Only) 1,612 7,54 Auto Supply Stores 2,661 17,734 Gas Stations 2,49 16,415 Dealers (Special) 765 Property and Casualty Insurance 35 Car and Truck Rentals 1,514 Parking 129 Automotive Repair Shops 11,441 39,617 Carwashes And Other Service 3,291 17,37 2,415 276 12,858 1,556 ARIZONA COMPANIES & FACILITIES FCA US LLC West Business Center 58 Arizona Proving Ground Yucca 83 Ford Credit National Recovery Center Mesa 148 Arizona Proving Ground Wittmann Ford Motor Company General Motors 16

Arizona IT Innovation Center 968 GM Financial -- Collection Center 649 GM Cruise Development Center 14 GM Cruise Scottsdale Scottsdale Yuma Desert Proving Ground Yuma Toyota Toyota Financial Services District Sales and Service Office Toyota Financial Services Technical Center 1 Toyota Logistics Services, Inc./Transport Operations 18 Toyota Motor Engineering & Manufacturing North America, Inc. Arizona Proving Grounds Wittmann 638 33 Volvo Car USA Volvo Cars Arizona Proving Ground Wittmann 7

Sources: Industry Impact: Center For Automotive Research, "Contribution of the Automotive Industry," published January 215; 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, 217 - December 31, 217. Tax Revenue: Center For Automotive Research, Assessment of Tax Revenue, published January 215 Registrations & Average Age: Figures compiled by Auto Alliance with data provided by Hedges & Co as of December 31, 217. Sales: Figures compiled by Auto Alliance with data provided by IHS Markit as of December 31, 217. Auto-Related Activity at Ports: Compiled by Auto Alliance with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 217 - December 31, 217. Alternative Fueling Stations: Compiled by Auto Alliance with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling stations as of May 9, 218. Consumers: Figures compiled by Auto Alliance with data provided by IHS Markit, U.S. Census Bureau's American Community Survey 216 and Federal Reserve Bank of St. Louis. Median Monthly New Car Payment computed for a 48-month loan based on MSRP with 2% down and an APR of 4.61 %. Automaker Facilities: Compiled From Company Reports Industry-Related Businesses: Facility and employee figures compiled by Auto Alliance with data provided by Dun & Bradstreet.