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New Mexico is an Auto State

35.3K Jobs

Powered by New Mexico’s Auto Industry

Industry Impact

Every Job Tells a Story

New Mexico’s auto industry supports an estimated 35,274 jobs — from assembly lines to engineering labs, supply chain logistics to dealership floors.

82.3K

New Vehicles Sold

$60,042

Average labor income per auto job

$2.12B

Annual Labor Income

3%

Share of New Mexico Jobs Supported

3%

of Economy

$3.88B

State GDP

Source: U.S. Bureau of Labor Statistics, Bureau of Economic Analysis, and IHS Markit / S&P Global Mobility — New Mexico, 2024.

Automaker Facilities

Built in New Mexico

Source: Alliance for Automotive Innovation — Member Facility Directory, New Mexico, 2024.

Tax Revenue Generation

$564.77M

in state tax revenue generated by the automotive industry’s economic activity.

4%

of total state tax revenue

$160.36M

Federal income taxes

$517.60M

Vehicle use tax / licenses / fees

$151.37M

New vehicle sales taxes

$44.52M

Parts & services sales tax

$8.38M

Corporate profits taxes

$88.55M

Used vehicle sales taxes

Source: Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2023 data year.

Vehicles Sold

82.3K

2024 Vehicle Sales

$3.78B

The average age of New Mexico vehicles is 14 years

Compared to the national average of 12.2 years

Source: Compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2024 - December 31, 2024; average age compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, vehicles in operation as of December 31, 2024; New vehicle sales revenue derived from NADA Data.

New vehicle purchases and registrations

82.3K

new vehicles sold across New Mexico in 2024

Purchases ByBody Style

  • 41.9K UVs (50.84%)
  • 23.5K Pickups (28.56%)
  • 15.0K Cars (18.20%)
  • 2.0K Vans/Minivans (2.41%)

Purchases ByPowertrain

  • 78.1K ICE / Hybrid (94.83%)
  • 3.3K Electric (3.97%)
  • 1.0K Plug-in Hybrid (1.20%)

Source: Registration figures compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility as of December 31, 2024; new purchase figures compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility representing new vehicle registrations between January 1, 2024 – December 31, 2024.

Activity at Ports

New Mexico’s Auto Trade Footprint

New Mexico ports moved $103.83M in automotive trade in 2024 alone, led by exports to Mexico. Past-decade totals reach $885.60M.

2024 Imports

2024 Exports

$54.85M

Vehicles & parts entering NM ports

$48.98M

Vehicles & parts shipped from NM ports

Past Decade Totals

$502.48M

Vehicles & parts entering NM ports

$383.12M

Vehicles & parts shipped from NM ports

Source: U.S. Census Bureau, U.S. International Trade Statistics — New Mexico ports of entry, 2024.

Fueling

New Mexico’s Fueling Network

Gasoline still anchors the network statewide, with 332 public EV charging stations across New Mexico.

Gasoline Stations

1,172

EV Level 2 Charging Ports

461

EV DC Fast Charging Ports

342

Source: U.S. Department of Energy, Alternative Fuels Data Center — New Mexico, 2024.

Consumers

69% of New Mexico households own their homes, and 75% of workers drive alone to work.

Median Household Income

$62.3K

Owner Occupied Housing

69%

Rental Occupied Housing

31%

Commutingto Work

  • Drove Alone to Work (75%)
  • Worked from Home (11%)
  • Carpooled (10%)
  • Other (4%)
  • Public Transit (1%)

HousingType

  • Single-Family (64%)
  • Mobile / RV / Boat (16%)
  • 2-4 Units (6%)
  • 20+ Unit Buildings (5%)
  • 1-Unit (Attached) (4%)
  • 5-9 Units (3%)
  • 10-19 Units (2%)

Source: Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau’s American Community Survey 2023.

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