West Virginia. State of West Virginia. WV. state impacts global automakers.

West Virginia

Investment

  • $1.4 billion invested

Production

  • $1.6 billion purchased from U.S. suppliers

Sales

  • 76 international nameplate dealerships
  • 37,638 new vehicles registered in 2018
  • 47% market share of new vehicle registrations in West Virginia

Employment

9,483 total jobs generated in West Virginia
  • 1,698 direct employment
  • 2,585 dealership jobs
  • 5,200 other indirect employment
$521 million total employee compensation
  • $118 million dealership employee compensation
  • $403 million in direct and other indirect employee compensation
  • Without the operations and related activities of international automakers and auto dealers in the U.S., the unemployment rate in West Virginia would be 5.2% - far higher than the 6.4% official rate.

Revenues

The economic activity of international automaker's in West Virginia generated:
  • $117 million in state and local tax receipts and other revenues
  • $123 million in federal tax receipts and other revenues for the federal government

Vehicle Sales in West Virginia

International Automakers sold 77% of the green vehicles in West Virginia in 2018
International Automakers sold 37,638 new vehicles in West Virginia last year
International Automakers' share of vehicle sales in West Virginia was 47% last year

Sources: The 2018 Global Automakers and AIADA Economic Impact Survey, AIADA’s membership roster, NADA DATA, WardsAuto InfoBank, IHS Markit Vehicle Registration Data, the U.S. Bureau of Labor Statistics, and The University of Michigan Transportation Research Institute 1998 study prepared for the Association of International Automobile Manufacturers (AIAM). Automobile manufacturers participating in the 2018 Global Automakers and AIADA Economic Impact Survey: BMW Group, Honda, Hyundai, Kia, Mazda, Mercedes-Benz, Mitsubishi Motors, Nissan, Subaru, Toyota, Volkswagen Group, and Volvo Cars.

Indirect economic impacts derived by SCOUT Economics using direct employment, dealer employment, and auto parts employment multipliers from the IMPLAN input-output model. 116 Unemployment rates based on February 2019 Seasonally Adjusted Labor Force from Bureau of Labor Statistics.

International Automakers' Presence in West Virginia

BMW
  • Dealerships
Honda
  • Dealerships
Hyundai
  • Dealerships
Jaguar Land Rover
  • Dealerships
Kia
  • Dealerships
Mazda
  • Dealerships
Mercedes-Benz
  • Dealerships
Mitsubishi Motors
  • Dealerships
Nissan
  • Dealerships
Subaru
  • Dealerships
Toyota
  • Toyota Motor Manufacturing West Virginia - Buffalo
  • Dealerships
Volkswagen
  • Dealerships
Volvo
  • Dealerships

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