AIADA and Autos Drive America’s Annual Economic Impact Report Shows International Automakers Have Boosted U.S. Manufacturing Jobs, Increased Investments in the U.S.

Press Releases 06/21/23

Contact: Libby Newman (410) 207-9163

Data shows international automakers directly employ more than 156,000 American workers
International automakers have invested $107 billion in U.S. operations, supporting more than 2.3 million American jobs

WASHINGTON, D.C. – Autos Drive America and the American International Automobile Dealers Association (AIADA) today released their 2023 Economic Impact Report, highlighting the ongoing commitment and contributions international automakers and nameplate dealers are making across the U.S.

According to the report, international automakers and dealers have significantly expanded their footprint in the U.S. auto industry, with $107 billion invested in U.S. operations and 156,000 Americans directly employed —an increase of 16,000 from 2021.

Additional key findings from the 2023 report include:

·       International automakers boosted their U.S. manufacturing jobs to 103,600, up more than 13,000 from 2021.

·       International automakers contributed $37.5 billion in state and local tax revenues, up more than $9 billion from 2021.

·       International automakers produced 4.4 million vehicles last year, accounting for 45% of all U.S. light vehicle production in 2022.

·       International automakers exported 695,000 U.S.-built vehicles to more than 130 countries and territories around the world.

·       International automakers have committed $22.5 billion in electrification investments since 2020.

“As our Economic Impact Report shows, international automakers have proven their commitment to the American manufacturing economy, with $107 billion invested in communities across the country,” said Jennifer Safavian, President and CEO of Autos Drive America. “Last year, Autos Drive America’s members saw a tremendous increase in direct employment, providing good-paying careers for more than 156,000 Americans – including 103,600 careers in manufacturing. The data is clear: international automakers are driving the U.S. auto industry forward.”

According to the 2023 Economic Impact Report, international automakers have increased their U.S. production volume by more than 85% over the past 25 years, with their share of total U.S. production growing from 1% in 1979 to 45% in 2022. International automakers have over 500 facilities across 36 states, with 31 manufacturing facilities in 12 states and 75 research and development facilities in 15 states, while international nameplate dealers operate more than 9,400 dealer franchises across all 50 states.

International automakers are leading the way in green vehicle manufacturing, R&D, and sales in the U.S., according to the latest data. International automakers accounted for nearly 1.1 million new green vehicles sold in 2022, accounting for 58% of the overall green vehicle market and leading in green vehicle sales in 49 states and Washington, D.C.

“International nameplate dealerships are economic engines for their communities,” said Cody Lusk, AIADA President and CEO. “They generate hundreds of thousands of jobs and significant tax revenue, all while providing essential services to Americans in every corner of our country. We look forward to publishing this report every year, both as a celebration of the numbers and the people behind them, and as a reminder of the critical role international brands and dealers play in the health of our national economy.”

The annual Economic Impact Report aims to educate policymakers and the public on today’s U.S. auto industry and the growing economic footprint international automakers and dealers have across the country. The automobile manufacturers participating in the 2023 Autos Drive America and AIADA Economic Impact Survey were BMW Group, Honda, Hyundai, KIA, Mazda, Mercedes-Benz, Mitsubishi Motors, Nissan, Subaru, Toyota, Volkswagen Group of America, and Volvo Cars. Sales data represents new vehicle registrations in the United States in 2022 for Acura, Alfa Romeo, Aston Martin, Audi, Bentley, BMW, Bugatti, Ferrari, Fiat, Honda, Hyundai, Genesis, INFINITI, Jaguar, KIA, Karma, Lamborghini, Land Rover, Lexus, Lotus, Maserati, Mazda, McLaren, Mercedes-Benz, MINI, Mitsubishi Motors, Nissan, Polestar, Porsche, Rolls-Royce, Subaru, Toyota, Volkswagen, and Volvo Cars.

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About Autos Drive America

Autos Drive America represents the U.S. operations of international motor vehicle manufacturers integral to America’s workforce, communities, and economy. As the voice of international automakers in the United States, Autos Drive America works closely with policymakers at all levels of government to advance policies that promote jobs, trade, and growth in the U.S. automotive industry. Learn more at www.autosdriveamerica.org.

About AIADA

The American International Automobile Dealers Association (AIADA) serves as an advocate for international nameplate new automobile dealership franchises before Congress, the White House, and federal agencies. Visit AIADA online at www.aiada.org.

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