DRIVING LOUISIANA'S ECONOMY 55 EMPLOYEES (average per dealership) 1.3% $672M REGISTRATIONS STATE SALES TAX PAID Louisiana's Share of Total U.S. New-Vehicle Registrations LOUISIANA AUTOMOBILE DEALERS ASSOCIATION 660 Laurel Street, Suite E, Baton Rouge, LA 70802 225.769.5500 | lada@lada.org | www.lada.org $75,465 Average Employee Earnings $325M State and Federal Income Taxes Paid Includes income taxes paid for direct, indirect and induced jobs. $1.2B PAYROLL (new car) (all dealerships) (created by dealerships) Includes 15,650 direct jobs and 18,424 indirect and induced jobs. 284 DEALERSHIPS $15.1B TOTAL SALES 34,074 TOTAL JOBS $25M INVENTORY TAX PAID (all dealerships) $18M CHARITABLE CONTRIBUTIONS (all dealerships) Annual Contribution of Louisiana's LOCAL New-Car Dealers Numbers reflect annual economic activity during 2023. Sources: Center for Automotive Research, NADA, S&P Global, Taxfoundation.org, U.S. Bureau of Labor Statistics, U.S. Census Bureau 55 EMPLOYEES (average per dealership) 1.3% $672M REGISTRATIONS STATE SALES TAX PAID Louisiana's Share of Total U.S. New-Vehicle Registrations LOUISIANA AUTOMOBILE DEALERS ASSOCIATION 660 Laurel Street, Suite E, Baton Rouge, LA 70802 225.769.5500 | lada@lada.org | www.lada.org $75,465 Average Employee Earnings $325M State and Federal Income Taxes Paid Includes income taxes paid for direct, indirect and induced jobs. $1.2B PAYROLL (new car) (all dealerships) (created by dealerships) Includes 15,650 direct jobs and 18,424 indirect and induced jobs. 284 DEALERSHIPS $15.1B TOTAL SALES 34,074 TOTAL JOBS $25M INVENTORY TAX PAID (all dealerships) $18M CHARITABLE CONTRIBUTIONS (all dealerships) Annual Contribution of Louisiana's LOCAL New-Car Dealers Numbers reflect annual economic activity during 2023. Sources: Center for Automotive Research, NADA, S&P Global, Taxfoundation.org, U.S. Bureau of Labor Statistics, U.S. Census Bureau DEALERSHIP EMPLOYEES 4,328 69 TOTAL NEW-TRUCK DEALERSHIPS Annual Contribution of Louisiana's Class 4-8 LOCAL New-Truck Dealers $4.1B $300M 5,534 TOTAL SALES PAYROLL ANNUAL REGISTRATIONS (Class 4-8 new trucks) LOUISIANA AUTOMOBILE DEALERS ASSOCIATION 660 Laurel Street, Suite E, Baton Rouge, LA 70802 225.769.5500 | lada@lada.org | www.lada.org Numbers reflect annual economic activity during 2023. Sources: IHA Markit, NADA, Taxfoundation.org, U.S. Bureau of Labor Statistics DEALERSHIP EMPLOYEES TOTAL NEW-TRUCK DEALERSHIPS Annual Contribution of Louisiana's Class 4-8 New-Truck Dealers TOTAL SALES PAYROLL ANNUAL REGISTRATIONS (Class 4-8 new trucks) LOUISIANA AUTOMOBILE DEALERS ASSOCIATION 660 Laurel Street, Suite E, Baton Rouge, LA 70802 225.769.5500 | lada@lada.org | www.lada.org Numbers reflect annual economic activity during 2023. Sources: IHA Markit, NADA, Taxfoundation.org, U.S. Bureau of Labor Statistics 22
RkJQdWJsaXNoZXIy ODQxMjUw