NEW YORK, Nov. 13, 2026 /PRNewswire/ — The Greater New York Automobile Dealers Association (GNYADA) today released its 2026 Economic Impact Report, highlighting the vital role Metro New York’s franchised new car and truck dealerships play as major employers, economic drivers, and community partners.

The report demonstrates the industry‘s significant contribution to the state and regional economy:

• $70.7 billion in total economic activity
• 69,300 jobs supported, including 38,400 dealership employees
• $6.5 billion in employee earnings
• $103,000 in average annual dealership employee compensation
• $3.1 billion in state and local taxes collected and/or paid
• $21.8 million contributed to charitable organizations and community causes
• Nearly 8.8 million vehicle service visits completed

“Franchised dealerships are much more than places where people buy and service vehicles. They are essential economic anchors in the communities they serve,” said Mark Schienberg, president of GNYADA. “They provide thousands of New Yorkers with opportunities to build rewarding careers, support their families and remain in the communities where they grew up. Their impact reaches far beyond the showroom.”

The State’s 4th Largest Retail Employer

Dealerships provide a wide range of employment opportunities, from skilled automotive technicians and service advisers to sales, parts and administrative professionals. Most dealership service and repair departments are unionized, and dealerships offer employment benefits such as healthcare coverage and retirement plans. Dealership jobs help sustain working families while supporting neighborhood businesses and the wider regional economy. They are the fourth largest retail employer in New York State.

Dealerships are also deeply involved in their communities, supporting hospitals, schools, food banks, youth programs, first responders and other local organizations. Through GNYADA’s education and workforce initiatives, the association and its members also help prepare the next generation of automotive professionals.

“The numbers tell only part of the story. The real impact is seen in the people employed, the families supported and the communities strengthened by our dealerships every day,” Schienberg added.

The 2026 report, New York Dealers: Impacting the Economy + the Community, uses 2025 data and was prepared by Auto Outlook, Inc. It measures both the direct impact of dealership operations and the broader economic activity they generate.

Click HERE for the full report.

The Greater New York Automobile Dealers Association represents more than 400 franchised automobile dealerships throughout the metropolitan New York region. GNYADA advocates on behalf of its dealer members on legislative, regulatory and industry issues and produces the New York International Automobile Show, North America’s oldest automobile show. The association also operates the Center for Automotive Education & Training (CAET) in Queens, providing education and training for the region’s automotive workforce.

www.gnyada.com

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SOURCE The Greater New York Automobile Dealers Association