Automotive News reports that domestic automakers are gaining market share thanks in part to the weak dollar. Import vehicles are currently selling at the highest price premium in 12 years compared to their domestic counterparts.
A new study by RL Polk & Co. shows that the kind of car you drive is tied to the state you live in, and whether that state is traditionally Republican or Democrat-leaning. The study shows that 36 of the 50 United States tie closely to political lines. Red states (Republican) typically buy domestic, while blue states (Democrat) typically skew import.
Toyota has been eying a takeover of Fuji Heavy Industries – Subaru's parent company – for some time now. When General Motors ditched its 20 percent stake in Fuji back in October 2005, Toyota snapped up 8.7 percent and the two have been undertaking a series of joint ventures since.
While more and more import brands have opened up producton facilities in the U.S., a study performed by The Level Field Institute, a domestic industry promotion group (that's an important point, right there), found that domestic automakers (which includes General Motors, Ford and the Chrysler Group) support 2.5 more jobs for each vehicle they build in the U.S. than their import competitors. The study projects the number of jobs both groups will support in 2007, which include both blue- and white
The Level Field Institute - a group consisting of Big 3 retirees - has released a report detailing the impact of domestic and transplant automotive OEMs on the American auto parts industry, and it contains some interesting nuggets of information.
According to the federal government, a vehicle with a 75-percent or more domestic parts rating is classified as a domestic vehicle. The web-based resource site Cars.com has compiled the 'American Made Index' that lists the top ten vehicles made in the U.S. according to where their parts came from, where they were finally assembled, and even how many were sold in the U.S.
Even as the domestic manufacturers lose the East and West coast, they can always count on Michiganders to buy something from the Big 3, right? A new poll by the Detroit News and WXYZ-TV7 shows that a rather surprising 51 percent think that Detroit is doing a "poor" or "only fair", and that 60 percent are "somewhat" or "very" concerned about the future prospects of the US auto industry.
The Detroit Free Press undertook what had to be an excruciating task - breaking down the content of vehicles from the top six manufacturers in the U.S. - to determine how much of the vehicle Americans are buying is actually "domestic" or "foreign". These are murky waters, even for those of us that work in the auto industry.