New Data Showcases Global Automakers U.S. Economic Impact
WASHINGTON, DC--JULY 31, 2013: — Data released today by the Association of Global Automakers (Global Automakers) demonstrates that their members’ presence in the U.S. continues to grow.
“With $46 billion invested into U.S. operations, our members are an integral part of the U.S. automobile industry,” said Michael J. Stanton, president and CEO of Global Automakers. “They are providing jobs for Americans and an essential part of the country’s manufacturing base.”
Global Automakers’ members directly employed more than 90,000 Americans, and created hundreds of thousands of additional jobs through their dealers and suppliers last year. The survey shows that the percentage of vehicles sold in the U.S. that were manufactured in America rose from 50 percent in 2011 to 62 percent in 2012.
The complete results of its members’ economic impact can be viewed at Global Automakers’ website at: Economic Impact. Highlights of the 2012 data include:
$46 billion invested into U.S. operations 25 manufacturing plants built vehicles, engines, transmissions, and other parts and components 62 percent of the vehicles sold in the U.S. were manufactured in the U.S. $65 billion in parts and materials were purchased from U.S. suppliers 90,000 Americans were directly employed with a total payroll of $6.2 billion 350,000 automobiles were exported from the U.S. to 40 different countries around the world
“For more than 30 years, our members have increased their investment in their U.S. operations and helped grow the American auto industry,” said Stanton. “From research and development to manufacturing, sales and finance, our members have put down deep roots in America and contribute significantly to local economies across the country.”