New Car Dealers Economic Impact The following data demonstrates that New Jersey’s franchised dealers are the engine driving the state’s economy. DEALERSHIP SALES SUMMARY — 2021, 2022 AND 2023 Years 2021 2022 2023 Rate of Change between 2022 and 2023 Average Dealership Sales $81,600,000 $80,200,000 $85,700,000 6.9% TOTAL AUTOMOTIVE RETAILING SALES IN NEW JERSEY $40,800,000,000 $40,100,000,000 $42,850,000,000 6.9% TOTAL NEW CAR AND LIGHT TRUCK RETAIL SALES IN NEW JERSEY BEV SHARE OF NEW JERSEY'S NEW RETAIL LIGHT VEHICLE MARKET 32 NEW JERSEY auto retailer
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