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New Jersey’s automotive retail industry is the strongest part of the State’s retail economy. In 2025, New Jersey’s franchised car and truck retailers sold nearly 444,000 new vehicles and generated $43.8 billion in vehicle, parts, and service sales.
The industry also collected more than $2.1 billion in State and local taxes. In addition, more than 73,700 individuals are either directly employed or work in jobs supported by New Jersey’s 530+ franchised new car and truck dealerships. These are good-paying, local jobs that can’t be outsourced.
Neighborhood new car dealers invest in their communities and collectively support hundreds of worthwhile charitable causes, from little league baseball teams, local hospitals, and everything in between.
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Economic Impact of the Franchised New Vehicle Retailers on New Jersey’s Economy