Virginia Automobile Dealers Association PO Box 5407 « Richmond, VA 23220-0407 « 804.359.3578 « www.vada.com ANNUAL CONTRIBUTIONS OF VIRGINIA NEW CAR AND TRUCK DEALERS Total sales $27.47 billion Average sales per dealership $60.10 million Number of franchised dealerships 457 DEALERS EMPLOY HARD-WORKING VIRGINIANS Total payroll for all dealerships $2.57 billion Total fringe benefits for employees $223.93 million Total number of employees 32,447 DEALERS PLAY AN IMPORTANT ROLE IN VIRGINIA AS BUSINESS AND CIVIC LEADERS Total taxes collected or paid $1.77 billion Total dealership expenses $3.44 billion Donations to charitable and civic organizations $16.73 million 2022 VIRGINIA VEHICLE SALES New vehicles sold* 287,910 Used vehicles sold* 255,920 Total new and used vehicles sold 543,830 * Includes retail transactions only This report provides an in-depth analysis of the economic impact of Virginia new car and truck dealers on the State’s economy. It includes estimates of employment, personal income, and tax collections generated by Virginia new car dealers. Also included is a review of dealership financial statistics and operations. This report was prepared by Auto Outlook, Inc., an independent automotive market analysis firm, and was sponsored by the Virginia Automobile Dealers Association. The report was compiled based on data collected from AutoCount from Experian, Auto Outlook, Virginia’s new car dealerships, as well as government sources. VIRGINIA’S NEW CAR AND TRUCK DEALERS ARE DRIVING THE VIRGINIA ECONOMY David Dillon Chairman Southern Team Auto Mall Dan Banister Vice Chairman Banister Automotive Roger Keller Treasurer Sheehy Auto Stores Eley Duke Secretary Duke Automotive Tim Pohanka Legislative Chair Pohanka Nissan Hyundai Chris Lindsay PAC Chairman Lindsay Automotive Elizabeth Myers Borches Immediate Past Chair Carter Myers Automotive Don Hall CEO & President John Altman Beyer Automotive Group William Baker Hall Automotive, LLC Daniel Banister Banister Nissan of Chesapeake Emily Marlow Beck Marlow Motor Co. Elizabeth Myers Borches Carter Myers Automotive Gardener Britt, III Ted Britt Ford Lincoln of Chantilly Andy Budd Country Chevrolet Harry Carrion Haley Automotive Mark Dalton Terry Volkswagen David Dillon Southern Team Auto Group Eley Duke Duke Automotive Eric Flow Flow Motors Don Hall Virginia Automobile Dealers Association Tanner Hulette Page Auto Group Cameron Johnson Magic City Auto Group Roger Keller Sheehy Auto Stores Steve Klimkiewicz Cavalier Automotive Group Ashton Lewis First Team Automotive Christopher F. Lindsay Lindsay Chevrolet Ross Luck Luck Chevrolet Tom Mohr Highway Motors, Inc. Michael Patrick Patrick Buick GMC, Inc. Dave Perno Loyalty Automotive Tim Pohanka Pohanka Nissan Hyundai Rachel Pullen Safford Brown Auto Group Jake Sodikoff Steven Nissan Michael Suttle, III Suttle Motors Robbie Woodall, III Robert Woodall Chevrolet Buick GMC Cadillac Hyundai Nissan VADA 2023-2024 EXECUTIVE COMMITTEE VADA BOARD OF DIRECTORS Virginia Automobile Dealers Association vada.com 29
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