DRIVING THE U.S. ECONOMY
Read The Latest Economic Impact Report: The Driving Force
DRIVING FORCE breaks down the ways the auto industry supports the American economy and strengthens communities in all 50 states. Cutting-edge facilities that assemble millions of cars and trucks. Major transportation infrastructure to export completed products to points across the country and around the world.Real people. Real investment. Building the cleanest, safest, smartest vehicles ever and redefining personal transportation for the next generation and beyond.
9.7 Million Jobs
$702 Billion in Paychecks
11.5: The multiplier effect
Facts About Auto Sales
Sales include retail and fleet only.
Light Truck Popularity Continues Fueling Sales.
Auto manufacturing drives more than $1 trillion into the economy each year through the sales and servicing of autos and flows through the economy, from revenue to parts suppliers to paychecks for assembly plant workers, from income for auto-related small business to revenue for government.
Nearly $280 billion annually is contributed in the form of federal, state, and local tax revenues. This includes more than $69 billion in federal income taxes and $79 billion in state revenue.