The Economic and Environmental Impacts of a Corporate Fleet Vehicle Purchase Program

The global recession and climate change have placed a premium on policies and practices that can create jobs while also addressing environmental challenges. In the United States, the business community has an opportunity to lead the way by shifting corporate vehicle fleets from reliance on the standard internal combustion engine to more fuel-efficient technologies and alternative fuels. On a large scale, such a move could substantially reduce carbon emissions by reducing the use of fossil fuels and supporting thousands of new jobs. As discussed later in this paper, if half of U.S. corporate fleets embraced alternative fuels, the potential annual reduction of carbon fuels could be the same as removing 1.2 million gasoline-powered vehicles from U.S. roads. The number of jobs created or preserved to produce the alternative vehicles could total 20,000

Powertrain Forecast and Analysis: What is Coming and What Are the Implications for the Specialty Equipment and Performance Aftermarket Industry

The Specialty Equipment Market Association (SEMA) and the Center for Automotive Research (CAR) have engaged in a multi-phased project to create vehicle technology planning and business strategy guideposts for SEMA members. The first Phase I report in the program—The Specialty Equipment Company of the Future: Guideposts for Technology Forecasting and Strategic Planning—was released in the third quarter of 2008. This, the Phase II second report—Powertrain Forecast and Analysis: What is Coming and What are the Implications for the Specialty Equipment and Performance Aftermarket Industry—addresses the rapidly changing powertrain paradigm in the U.S. market

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

The automotive industry has long been, and continues to be, one of the most important sectors in the U.S. economy. The motor vehicle and parts manufacturing industries employed 597,000 workers directly, as of March 2009, and the Detroit 3 employed 202,8002 hourly and salary workers in the United States, as of February 2009. The international producers employed 107,5003people in the United States in January 2009. The auto industry has one of the largest economic multipliers of any sector of the U.S. economy, and is sufficiently large that its growth or contraction can be detected in changes in the U.S. Gross Domestic Product. In many states, employment in automotive and automotive parts manufacturing ranks among the top three manufacturing industries.

Contribution of Honda to the Economies of Seven States and the United States

The motor vehicle industry is the largest manufacturing industry in the United States. No other single industry is linked as closely to the U.S. manufacturing sector or directly generates as much retail business and employment as the motor vehicle industry. This study describes the economic contribution of American Honda Motor Co., Inc. and all of its U.S. Honda-affiliate companies.