Pub. 60 2019-2020 Issue 6

26 N A T I O N A L A U T O M O B I L E D E A L E R S A S S O C I A T I O N NADA Industry Analysis | 8484 Westpark Drive, Suite 500, Tysons, VA 22102 | 800.557.6232 | economics@nada.org NADA Legislative Affairs | 412 First St. SE | Washington, DC 20003 | 800.563.5500 | legislative@nada.org Sources: Center for Automotive Research, IHS Markit, NADA, Taxfoundation.org, U.S. Bureau of Labor Statistics. $6.7B $94.2B 9.2% Includes income taxes paid for direct, indirect and induced jobs. PAYROLL TOTAL SALES (all dealerships) REGISTRATIONS STATE SALES TAX PAID 1,200 DEALERSHIPS (new car) 221,096 TOTAL JOBS (created by dealerships) Includes 101,258 direct jobs and 119,837 indirect and induced jobs. 84 EMPLOYEES (average per dealership) Driving Texas’ Economy Annual Contribution of Texas’ New-Car Dealers Numbers reflect annual economic activity during 2019. $66,625 Average Annual Earnings $1.3B State and Federal Income Taxes Paid Texas’ Share of Total U.S. New-Vehicle Registrations $5.9B