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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.

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