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Metaverse is considered to be the evolution of the next-generation networks, providing users with experience sharing at the intersection between physical and digital. Augmented reality (AR) is one of the primary supporting technologies in the Metaverse, which can seamlessly integrate real-world information with virtual world information to provide users with an immersive interactive experience. Extraordinarily, AR has brought new opportunities for assisting safe driving. Nevertheless, achieving efficient execution of AR tasks and increasing system revenue are the main challenges faced by the Metaverse's AR in-vehicle applications. In this paper, we are the first to propose an efficient resource allocation framework for AR-empowered vehicular edge Metaverse to improve system utility. We formulate an optimization problem featuring multidimensional control to concurrently maximize data utility at the Metaverse operator side and minimize energy consumption at the vehicles' side, which jointly considers the computational resource allocation on the Metaverse server, and AR vehicles' CPU frequency, transmit power, and computation model size. Notwithstanding, the major impediment is how to design an efficient algorithm to obtain the solutions of the optimization. Wherefore, we do this by decoupling the optimization variables. We first derive the optimal computation model size by the binary search, followed by obtaining the optimal power allocation by the bisection method and finding a closed-form solution to the optimal CPU frequency of AR vehicles, and finally, attain the optimal allocation of computational resource on the server by the Lagrangian dual method. To estimate the performance of our proposed scheme, we establish three baseline schemes as a comparison, and simulation manifests that our proposed scheme balances the operator's reward and the energy consumption of vehicles.