Mexican auto assembly capacity is projected to more than double between 2010 and 2020. This rapid growth is fuel by the investment infusion of $13.3 billion to move 3.3 million units of vehicle capacity from Japan, Germany, and South Korea to Mexico. This report highlights North American vehicle production trends, and demonstrates that while automakers and suppliers are attracted by Mexico’s low labor rates, there are many other factors behind Mexico’s North American automotive industry growth.
This report examines the costs of divergent safety regulations in the United States and the European Union and highlights the economic impacts of having two different regulatory regimes. With the shift to a to a global-vehicle strategy by most automotive...
General Motors’ U.S. manufacturing plants employed an estimated 51,600 direct hourly and salaried employees in 2014, which directly contributed to the creation of another 431,300 private sector jobs, $36.2 billion in annual compensation, and over $5.3 billion in...
This CAR study demonstrates that the U.S. automotive sector has a large impact throughout the nation and provides support to state and federal governments in the form of taxes and fees collected from sales, employees, drivers, and the auto companies themselves. In...
Six years after the worst recession since the 1930s, the American economy is demonstrating many signs of strengthening, and the auto industry is helping drive that recovery. Despite recent economic hardships, auto manufacturers, suppliers, and dealers employ over 1.5...
CAR has released an update to the initial “CAR Research Memorandum: The Effect on the U.S. Economy of the Successful Restructuring of General Motors.” The first version of the study was released in December 2013 and estimates the effect on the U.S. economy...
At the request of the National Automobile Dealers Association (NADA), the Center for Automotive Research (CAR) examined the economic costs of U.S. light vehicle dealerships’ federal regulatory compliance. This study examined only the costs incurred by U.S. light...
General Motors’ decision to restart three idled manufacturing plants in the United States not only offset the company’s captive imports of small cars and cross-utility vehicles, but also added just over 3,000 direct jobs at the company in 2013. The UAW-GM agreement to...