Who's Cashing In on All Those Clunkers? [View article]
Agree, in this day and age, not many vehicles manufactured by any auto makers are truly 100% domestic, but profits made by GM and Ford stay in the US versus going overseas for Toyota, Honda, etc.
For model year 2008, 85% of vehicles sold by Ford in the US were assembled in the US versus 46% by Toyota. Also, domestic content of Ford vehicles in 2008 was 70% versus 41% for Toyota.
Similar statistics exist for GM where 84% of vehicles sold were assembled here and had 75 % US content.
Who's Cashing In on All Those Clunkers? [View article]
For model year 2008, 85% of vehicles sold by Ford in the US were assembled in the US versus 46% by Toyota.
Also, domestic content of Ford vehicles in 2008 was 70% versus 41% for Toyota.
Similar statistics exist for GM where 84% of vehicles sold were assembled here and had 75 % US content.