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In 2013, franchised new vehicle dealerships in New Jersey generated more than 53,000 jobs.
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New Jersey residents earned nearly $3 billion as a result of their employment at automotive dealerships.
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The average dealership payroll was more than $4.3 million in 2013.
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Dealerships collected or paid nearly $1.5 billion in State and local taxes.
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Automobile dealerships spent over $365 million on advertising during 2013.
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Franchised new vehicle dealerships in New Jersey had total sales of $30.4 billion in 2013.
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Average dealership sales exceeded $59.1 million.
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Collectively, automobile dealerships contributed more than $13.3 million to various, community-based charitable causes.
If you would like a few additional hard copies of the Economic Impact document or a PDF version to distribute to local elected officials and media sources, please contact Brian Hughes, NJ CAR Director of Communications at 609.883.5056, Ext. 315 or send an e-mail to [email protected].