FOR IMMEDIATE RELEASE
January 20, 2015
CONTACT
Doug Smith, President and CEO
Missouri Automobile Dealers Association
Missouri Automobile Dealers Association unveils new ad ‘Heart of Missouri’
New car and truck dealers are the Heart of Missouri and its automobile industry
Jefferson City, Mo. – The Missouri Automobile Dealers Association released its new ad ‘Heart of Missouri’ today highlighting the firm place new car and truck dealers have in Missouri’s automobile industry. With over 20,000 employees at locally owned dealerships across the state, new car and truck dealers are one of the state’s largest employers.
“Missouri’s new car and truck dealers are classic examples of small business. The majority of the 381 dealers are locally-owned and operated by families for generations,” Missouri Automobile Dealer Association President and CEO Doug Smith said. “They invest millions of dollars in local communities, are among the state’s largest charitable contributors and generate hundreds of millions of dollars in tax revenue for the state’s road fund, parks and local schools.
“We are invested in Missouri and the hundreds of communities we work and live in,” Missouri Automobile Dealers Association Chairman and Camdenton car dealer Jason Hulett said. “Buying a car is a big financial decision and major investment, whether buying a car at a local dealership or online. For many it’s second only to buying a home. We’re committed to our communities and helping the people who are as just as invested as we are – the people who live in them.”
‘Heart of Missouri’ is available online. For information about the Missouri Automobile Dealers Association go to MADA.org.
Missouri Economic Impact Data
- There are 381 new car and truck dealerships in the state of Missouri.
- In 2013 there were 20,419 people employed by new car dealers in Missouri.
- New car and truck dealers each employ an average of 55 people in Missouri.
- Missourians working for new car and truck dealers earn an average of $50,933.00 annually. That equates to $1.4 billion in payroll each year.
- In 2013 Missouri’s new car and truck dealers paid $237 million in taxes at the local, state and federal level.
- In 2013 new car and truck sales generated $322,539,612 in revenue for the Missouri Department of Conservation, the Missouri Department of Natural Resources, education funding and the state’s road fund.
- $232,776,016 went to the state’s road fund.
- Tax revenue from new car sales help fund first responders, human services and other local programs.
Source: The Missouri Department of Revenue and National Automobile Dealers Association.
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Follow the Missouri Automobile Dealers Association @MoAutoDealers
