Pub. 4 2023 Issue 1

Source: Center for Automotive Research, NADA Industry Analysis, IHS Markit, Taxfoundation.org, U.S. Bureau of Labor Statistics, U.S. Census Bureau $2.3B $27.7B 2.3% Includes income taxes paid for direct, indirect and induced jobs PAYROLL TOTAL SALES (all dealerships) REGISTRATIONS STATE SALES TAX PAID NATIONAL AUTOMOBILE DEALERS ASSOCIATION 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 | 202 547-5500 | legislative@nada.org 449 DEALERSHIPS (new car) 61,060 TOTAL JOBS (created by dealerships) Includes 30,452 direct jobs and 30,608 indirect and induced jobs 68 EMPLOYEES (average per dealership) Driving Virginia’s Economy Annual Contribution of Virginia’s New Car Dealers Numbers reflect annual economic activity during 2021 $75,036 Average Annual Earnings $685M State and Federal Income Taxes Paid Virginia’s Share of Total U.S. New-Vehicle Registrations $1.2B vada.com 27

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