Repurposing Former Automotive Manufacturing Sites in the Midwest

The Midwest, as the traditional core of the U.S. automotive industry, has seen many auto plant closures over the years. The number of shuttered facilities in this region, specifically Michigan, Ohio, and Indiana, vastly outpaces those in other parts of the country....

Methodology for Creating a Matrix to Assess the Domestic Content of a Vehicle by Make and Model

Establishing the domestic content of a motor vehicle is not the straightforward question that it would seem to be. The complexity of the motor vehicle, as well as the complexity of the motor vehicle industry, have made the determination of the exact percentage of domestic content of a vehicle a daunting task. It is, however, an important task to undertake, as the origins of a motor vehicle affect society in a variety of ways – for example, consumer decisions to purchase imported motor vehicles impact employment in the U.S. industry. This paper examines the various metrics used to determine how much of a motor vehicle is considered to be domestically produced.

Economic Impact of Hyundai in the United States

This study estimates the economic impact in 2011 of Hyundai’s U.S. operations on the U.S. economy. In addition to the direct workers employed by Hyundai in all of its U.S. operations, many more people are needed to supply the goods and services that are directly or indirectly related to the operations of a motor vehicle company, or have jobs that are supported when the direct and indirect workers spend their paychecks in their communities.

CAR Research Memorandum: The Impact on the U.S. Economy of the Successful Automaker Bankruptcies

In late 2008 and throughout much of 2009, the global economy was in recession and the world’s automotive industry was in crisis. In the United States, automotive sales plummeted to historically low levels, both automotive commercial and consumer credit availability contracted sharply, and critically, two major automotive manufacturers—General Motors and Chrysler—were on the brink of collapse.

Contribution of the Automotive Industry to the Economies of all Fifty State and the United States

The United States automotive industry is a critical component of economic growth with extensive interconnections across the industrial and cultural fabric of the U.S. This report outlines many known elements and highlights tremendously important associations beyond the market space of manufacturing. It touches on the following elements as they relate to the automotive industry: national and regional employment; research, development and innovation; state and local government revenues; foreign direct investment; education; health care; U.S. trade; and quality of life.

CAR Research Memorandum: The Economic and Fiscal Contributions of the “Cash for Clunkers” Program – National and State Effects

The Consumer Assistance to Recycle and Save (C.A.R.S.) Program, commonly called “Cash for Clunkers” (C4C), was a $3 billion government incentive to boost automotive industry sales that was in place July 24, 2009 through August 24, 2009. The program was widely hailed as a success since 677,081 individuals traded in their older and less fuel efficient vehicles for new vehicles. During this 32-day period, 2009 new vehicle sales peaked and, for the first time in a long time, the industry experienced the first signs of recovery. Aside from the potential environmental benefits associated with the program, the major purpose was to create jobs in the devastated automotive sector of the U.S. economy.