OFFICIAL PUBLICATION OF THE NEW JERSEY COALITION OF AUTOMOTIVE RETAILERS

Pub. 23 2024 Issue 4

New Car Dealers Economic Impact

The following data demonstrates that New Jersey’s franchised dealers are the engine driving the state’s economy.

Total New Car and Light Truck Retail Sales in New Jersey
BEV Share of New Jersey's New Retail Light Vehicle Market
Dealership Sales Summary — 2021, 2022 and 2023
State and Local Taxes Collected / Paid by Dealerships — 2021, 2022 and 2023
Direct Employment at New Jersey's Franchised New Vehicle Dealerships
New Franchised Dealership Compensation to Employees
2023 Employment Total Direct: At Dealerships; Indirect: Elsewhere in the Economy
Dealership Contributions to Statewide Retail Employment — 2021, 2022 and 2023

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