Employment
New Jersey’s neighborhood new car and truck dealerships directly employ 38,628 men and women in good-paying, local jobs that can’t be outsourced. These valuable businesses also indirectly support another 35,924 additional jobs in the Garden State’s economy.
Compensation
New Jersey’s franchised new car and truck dealerships directly employ more than 38,627 men and women who earn approximately $3.66 BILLION in compensation.
Sales
New Jersey’s 520+ franchised new car and truck dealerships represent a $45.4 BILLION industry in New Jersey.
EV Market
Battery electric vehicles account for nearly 12% of New Jersey’s new vehicle sales.
Taxes
New Jersey’s 520+ franchised new car and truck dealerships collect nearly $2.2 BILLION in state and local taxes. This revenue brought in by the industry is critical to the State’s budget.
