Pub. 5 2024 Issue 2

Source: Bureau of Labor Statistics, Center for Automotive Research, NADA, S&P Global, Taxfoundation.org, U.S. Census Bureau $2.5B $27.2B 2.2% 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 | 800.563.5500 | legislative@nada.org 459 DEALERSHIPS (new car) 61,311 TOTAL JOBS (created by dealerships) Includes 30,577 direct jobs and 30,734 indirect and induced jobs. 67 EMPLOYEES (average per dealership) Driving Virginia’s Economy Annual Contribution of Virginia’s New-Car Dealers Numbers reflect annual economic activity during 2023. $80,964 Average Annual Earnings $720M State and Federal Income Taxes Paid Virginia’s Share of Total U.S. New-Vehicle Registrations $1.2B 22 Virginia Auto Dealer

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